📊 U.S. NONFARM PAYROLLS ESTIMATES

• According to data compiled by Bloomberg, the median estimate for April change in nonfarm payrolls sees the U.S. economy adding 1 million jobs, this would be the highest print seen since the August report

• Bloomberg reports the high end of estimates at 2.1 million jobs, while the lowest estimate is seen the economy adding 700K jobs

• Canadian Imperial Bank of Commerce, which ranks 1st at forecasting the Non Farm Payrolls release for the last 2 years, sees the April labor report showing an increase of 1.2 million jobs. Wells Fargo Securities also sees a better than the median release at 1.1 million jobs.