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Hiring was likely strong in April, but the market is still braced for a surprise

May 3, 2019

Via: CNBC

Economists expect that the job market remained strong in April, and the economy added 190,000 jobs, about the same as March.

Markets were already on edge heading into the Friday employment report, and economists point to some variables that could impact the headline number.

For one, some economists say Boeing’s production slowdown could be a negative for manufacturing jobs, while government hiring of census workers could provide a surprise increase in payrolls in the tens of thousands. Goldman Sachs economists expect 20,000 workers were eliminated due to weather, but they still expect total jobs of 195,000.

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