Nonfarm Payrolls Seen Up 190K — Data Week Ahead Update

The following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal.

 
DATE      TIME  RELEASE                       PERIOD     CONSENSUS    PREVIOUS 
Wednesday 0945  Chicago PMI                    May        47.0   (9)   48.6 
          1000  Job Openings                   Apr        9.5M   (9)   9.6M 
                  & Labor Turnover 
Thursday  0815  ADP Jobs                       May       +180K   (9)  +296K 
          0830  Jobless Claims                 May 27     235K   (18)  229K 
          0830  Productivity (Revised)         1Q        -2.5%   (17) -2.7%* 
          0830  Unit Labor Costs (Revised)     1Q        +6.0%   (17) +6.3%* 
          0945  S&P Global U.S. Mfg PMI        May        48.5   (8)   48.5** 
          1000  ISM Mfg PMI                    May        47.0   (23)  47.1 
          1000  Construction Spending          Apr       +0.1%   (17) +0.3% 
Friday    0830  Nonfarm Payrolls               May       +190K   (24) +253K 
          0830  Unemployment Rate              May        3.5%   (24)  3.4% 
          0830  Avg. Hourly Wages M/M***       May       +0.3%   (22) +0.48% 
          0830  Avg. Hourly Wages Y/Y***       May       +4.4%   (9)  +4.45% 
 
*1Q Prelim Reading 
**May Flash Reading 
***All private-sector workers 
 
(Figures in parentheses refer to number of economists surveyed.) 
 
Write to Donna Huneke at dataweekahead@wsj.com 

(END) Dow Jones Newswires

May 30, 2023 14:16 ET (18:16 GMT)

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