NFP Preview: Will Tariffs and DOGE Crush the Jobs Market?

From Investing.com: 2025-03-07 00:34:00

The February NFP report is expected to show +160K jobs, +0.3% m/m earnings, and a 4.0% unemployment rate. Leading indicators point to job growth in the 150-175K range. Tariffs and DOGE impact hiring decisions. Traders anticipate a bullish reaction in the US Dollar Index if the report meets or exceeds expectations. The report will be released on Friday, March 7, at 8:30 ET. Analysts expect 160K net new jobs and stable unemployment. Federal layoffs could impact state and local governments and contractors. Average hourly earnings measure will be closely watched. Traders expect three interest rate cuts this year.



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