Jobs Report Due Friday, Expected to Show Ongoing Solid Job Gains and Low Unemployment
• March jobs report releasing Friday, expected to show 200K job gains and 3.9% unemployment rate • ADP report showed solid 184K private job gains in February, exceeding expectations • Economists optimistic about job growth due to factors like immigration, but expect some cooling in wage growth • Report could influence Fed policy decisions if wage growth and hiring is hotter or cooler than expected • Last month's jobs report had 275K job gains but wage growth slightly undershot forecasts, leading to market declines