US NFP: We expect a reading of 185K – Wells Fargo

FXStreet – The Wells Fargo analysts believe that the official US labour market data will show on Friday that in the private sector in may 185K new jobs have been created, which is in line with the General market forecast and the 211K in the previous reading.

Important Quotes:

“After the disappointing March report, as the number of jobs was only 79K, it came out in April, accelerating to 211K. The unemployment rate has continued to fall, and it is now at 4.4%.”

** FXStreet News Editorial, FXStreet**

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