A range of banks and research firms projected U.S. job gains of between 50,000 and 125,000, while a Reuters poll median expectation was 85,000.
According to Jin10, forecasts included 50,000 from Moody’s Analytics, Pantheon Macroeconomics, UniCredit, and Deutsche Bank; 57,000 from High Frequency Economics; 60,000 from Citigroup, DekaBank, Goldman Sachs, and TD Securities; 65,000 from Capital Economics and Morgan Stanley; 70,000 from Mizuho; 75,000 from ABN AMRO, Barclays, Daiwa Capital Markets, and JPMorgan; 80,000 from CIBC and Oxford Economics; 82,000 from Sumitomo Mitsui; 85,000 from BNP Paribas, U.S. Bank, Westpac, and the Reuters poll; 86,000 from Sparta Securities; 89,000 from ANZ; 90,000 from Stifel; 93,000 from Monex Group; 95,000 from Bank of America and UBS; 99,000 from RBC; 100,000 from Commerzbank, Helaba, ING, and Rabobank; 105,000 from Standard Chartered and Wells Fargo; 110,000 from Danske Bank, HSBC, and Nomura; and 125,000 from Jefferies and Société Générale.