Jobs Report Misses Big

Estimates Nonfarm Payrolls 180k; range 100k to 267k (87 estimates) Private Payrolls 170k; range 125k to 270k (42 estimates) Manu Payrolls 17k; range -5k to 32k (22 estimates) Unemploy Rate 4.7%; range 4.6% to 4.8% (82 estimates) Hourly Earn 0.2% m/m; range 0.1% to 0.4% (63 estimates) Hourly Earn 2.7% y/y; range 2.6% to 2.8% (25 estimates) Avg. Weekly Hours 34.4; range 34.3 to 34.5 (35 estimates) Color "The March jobs report will provide two critical signals: First, the magnitude of th

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