February's jobs report should show whether there's anything to really fear about economy
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Keep Me Logged InFebruary's employment report is expected to show strong job and wage growth, and could signal that the economy's slower growth in the first quarter is just a speed bump rather than a sign of trouble.The economy was expected to have added 180,000 jobs in February, and unemployment is expected to drop by a tenth to 3.9 percent. "We believe the trend in job growth has likely slowed from the 232k average pace of the last six months, and we also expect a drag of at least 40k from above-average snowfall during the February survey week," they wrote in a note.The Goldman economists said February seasonal factors have also become a negative, possibly because of unusually mild weather in recent years.
As said here by Patti Domm