NFP report is due Friday, some comments from Goldman Sachs on what they expect

Estimate the headline nonfarm payrolls +150k

  • Our forecast reflects a 15-20k boost from Census canvassing activities, but a slower underlying pace of private-sector job gains in part reflecting the return of the trade war

Further forecasts:

  • unemployment rate unchanged at 3.7%.
  • average hourly earnings +0.2% m/m and 3.0% y/y