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  1. Non-Farm Employment Change forecast from Goldman Sachs, Barclays, Deutsche Bank, RBS

    by , 06-05-2015 at 09:48 AM
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    Goldman Sachs:
    • The employment components of various manufacturing surveys have been weak (Dallas Fed manufacturing survey, Chicago PMI & the ISM services report)
    • Mining sector job losses may persist and continue to be a drag
    • GS say that the consensus forecast has overestimated jobs growth in May for the last few years, by 56,000 on average over the previous 5 years
    • Warm weather likely inflated the jobs number in April, but this may have
    ...