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.
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