| Job Growth”Nonfarm payrolls are expected to post an average monthly gain of 209,000 in 2014, a marked improvement from the expectations of only 188,000 net new jobs in the March survey. The pace of job creation is expected to hold steady at 209,000 per month in 2015.
Unemployment: ”Likewise, the unemployment rate is expected to fall to an average of 6.2% in 2014 and decline further to 5.9% in 2015. Wages: ”Expectations for compensation growth are unchanged from the previous survey, with compensation per hour expected to rise at a 2.0% pace this year and 2.5% next year." See the complete report at this link: National Association for Business Economics |
10 June 2014
• U. S. Business Economists Forecast Wage Growth, Job Creation, and Unemployment
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