February’s job gains were likely once more chilled by bad winter weather, and even March’s employment report could be slushy.
Economists expect to see 150,000 nonfarm payrolls added in February, when the government data is released Friday at 8:30 a.m. EST.
They are also watching to see if January’s unemployment rate of 6.6 percent is revised to 6.5 percent, a level the Fed set as a threshold where it could consider raising short-term rates. Fed officials maintain that level is not a trigger, but it will be watched nonetheless since the Fed has not dropped the language.
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