Friday, May 4, 2007

U.S. May Have Added 80,700 Jobs Last Month, Derivatives Auction Indicates

(Bloomberg) -- Traders and investors expect U.S. employers added 80,700 non-farm workers in April, according to an auction of economic derivatives by the Chicago Mercantile Exchange today.

The government will release the April labor data at 8:30 a.m. in Washington today. The forecast implied in the derivatives auction was down from an estimate in an auction yesterday that indicated traders predicted a gain of 88,900 jobs last month. The CME released the auction figures on its Web site.


Read more at Bloomberg Bonds News

No comments: