Economic Events on April 6, 2012

The Monster Employment Index for March was released today, and the index was unchanged from last month at a value of 143, but is 5% higher than last March’s value.

At 8:30 AM EDT, the Employment Situation report for March will be announced, and the consensus for non-farm payrolls is an increase of 201,000 jobs compared to 237,000 in the previous month, the consensus for the unemployment rate is that it will remain at 8.3%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.5 hours.

At 3:00 PM Eastern time, the Consumer Credit report for February will be released.  The consensus estimate is that there will be an increase of $12.0 billion in the consumer credit available, after an increase of $17.8 billion in the previous month.

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