Unemployment Rate Seen Holding at 3.9% -- Data Week Ahead Update

The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal.

 
DATE      TIME  RELEASE                    PERIOD     CONSENSUS    PREVIOUS 
          (ET) 
Tuesday   0945  Markit Mfg PMI              Jan       54.8   (9)    55.0* 
          1000  ISM Mfg PMI                 Jan       57.4   (30)   58.7 
          1000  Construction Spending       Dec      +0.7%   (21)  +0.4% 
          1000  Job Openings                Dec      10.5M   (8)    10.6M 
                  & Labor Turnover 
Wednesday 0815  ADP Jobs                    Jan      +200K   (13)  +807K 
Thursday  0830  Jobless Claims              Jan 29    245K   (23)   260K 
          0830  Productivity (Prelim)       4Q       +4.4%   (26)  -5.2%** 
          0830  Unit Labor Costs (Prelim)   4Q       +1.0%   (25)  +9.6%** 
          0945  Markit Services PMI         Jan       51.0   (10)   50.9* 
          1000  ISM Non-Mfg PMI             Jan       60.0   (30)   62.0 
          1000  Factory Orders              Dec      -0.4%   (21)  +1.6% 
Friday    0830  Nonfarm Payrolls            Jan      +150K   (30)  +199K 
          0830  Unemployment Rate           Jan       3.9%   (30)   3.9% 
          0830  Avg. Hourly Wages M/M***    Jan      +0.5%   (27)  +0.61% 
          0830  Avg. Hourly Wages Y/Y***    Jan      +5.2%   (15)  +4.68% 
 
*Jan Flash Reading 
**3Q Revised Reading 
***All private sector workers 
 
(Figures in parentheses refer to number of economists surveyed.) 
 

Write to Donna Huneke at [e-mail]

(END) Dow Jones Newswires

01-31-22 1417ET