January NFP number to be consistent with moderate growth trend
No spectacular gains are expected from the January US jobs report , but it should not be disappointing either. Consensus points to a continuation of moderate growth on the US labor market, in line with the gains seen in recent months. The majority of the analysts polled for the NFP forecast report see the US economy adding 150-180K of jobs in January , while unemployment remaining below 8%. Adam Narczewski, who predicts an increase in the range of 130-160K, believes that “the labor market in
