Friday, April 2, 2010

US Employment Data due out at 8:30am EST

Employment data of the US is due out at 8:30am EST. Forecasts are calling for highest non-farm payrolls number in 3 years. The unemployment rate is expected to hold steady at 9.7%. The high expectations are directly related to the government hiring temporary workers to conduct the census. Market volatility is expected in either direction. Caution advised today. Have a good weekend.

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