US: NFP to surge by 650K in March – JP Morgan

Analysts at JP Morgan are expecting an upbeat US jobs report due on the cards this Friday at 1230 GMT, with a massive increase in the headline NFP expected this month.

Key quotes

“We see payrolls rising 650K in March.”

“Unemployment rate falling two-tenths to 6.0%.”

“Better weather after February storms and easing restrictions should be supportive for the best US payroll print since last October.”

• Nonfarm Payrolls Preview: Five reasons why hiring is set to skyrocket, dollar may follow