As we wait for the jobs report. Something to remember: there are a bunch of hints in various surveys and signals that the labor market is booming right now.
bloomberg.com/news/articles/…
1. This week's ADP report was a monster, with over 800K jobs created among private firms.
2. The data from Homebase was extremely strong.
See here via @PantheonMacro
@PantheonMacro 3. The NFIB data looks great, both in terms off hiring and wages (HT: @RenMacLLC)
4. Housing red hot, per @RickPalaciosJr
@RickPalaciosJr 5.
The latest survey of small businesses from Paychex looks hot
@RickPalaciosJr 6.
The Employment subindex of the ISM has been improving for four months straight
Anyway! the official number is out in 35 minutes.
Oh and of course, as @IrvingSwisher has been pointing out, the weekly Initial Claims numbers have been consistent with an extremely robust job market
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