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Jesse Cohen: April U.S. jobs report expected to show 65000 payroll increase

Jesse Cohen: April U.S. jobs report expected to show 65000 payroll increase
April U.S. jobs report expectations

Jesse Cohen, senior markets analyst at Investing.com, highlights that the April U.S. jobs report is set for release on Friday, with expectations pointing to a 65,000 increase in nonfarm payrolls. March payrolls came in at 178,000, while the unemployment rate for both April and March is estimated at 4.3%. The report is scheduled for 8:30AM ET.

Cohen recently pointed out that S&P 500 and Nasdaq 100 futures were signaling new record highs, noting a lack of bearish sentiment in the market. In a separate update, he reported that tech stocks were sharply lower ahead of key earnings and the Federal Reserve meeting. These observations add context to Friday’s upcoming jobs data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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