March Employment Report Surpasses Top-Line Job Growth
March’s US Employment Report Surpasses Top-Line Job Growth Consensus Expectations [soros] Q4 2020 hedge fund letters, conferences and more Jeoff Hall, Managing Economist, Refinitiv IFR comments: March Employment Report Receives An A Grade“We’re giving the March Employment Situation Report an A grade for several reasons, mostly because top-line job growth of 916k was more than 40% higher than the market consensus expectation of +647k. Private job growth of 780k was about 35% above expectations of +575k. What’s more, the Labor Department revised February payrolls higher to +468k total and +558k ...