Insights into employment: The monthly U.S. jobs re
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Posted On: 03/04/2016 7:22:52 AM
Insights into employment: The monthly U.S. jobs report is due at 8:30 a.m. ET.
Economists estimate the nation added 190,000 new jobs last month, which would be better than January's gains of 151,000 jobs, and confirmation that the labor market is gaining momentum.
Economists also predict unemployment will remain at 4.9%, the lowest level since 2008.
Traders will be watching these numbers closely as they will influence the Federal Reserve's thinking on whether to raise interest rates over the next few months.
Economists estimate the nation added 190,000 new jobs last month, which would be better than January's gains of 151,000 jobs, and confirmation that the labor market is gaining momentum.
Economists also predict unemployment will remain at 4.9%, the lowest level since 2008.
Traders will be watching these numbers closely as they will influence the Federal Reserve's thinking on whether to raise interest rates over the next few months.
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