If you'd prefer to read what the numbers are indicating, Adam has that preview posted here:
February 2019 non-farm payrolls preview: By the numbers
But, if you'd like GS' take, the bank is estimating:
- +150k headline in February
Citing:
- a drag of at least 40k from above-average snowfall during the survey week
More of what GS is expecting:...
- unemployment 3.9% (citing the return of furloughed government workers to be downward pressure on the u/e rate)
- average hourly earnings +0.4% m/m and +3.4% y/y
