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Friday: Employment Report

My April Employment Preview

Goldman April Payrolls Preview

Friday:
• At 8:30 AM ET, Employment Report for April.   The consensus is for 400,000 jobs added, and for the unemployment rate to be unchanged at 3.6%.

On COVID (focus on hospitalizations and deaths):

COVID Metrics
 
Now
Week
Ago
Goal

Percent fully Vaccinated
66.2%

≥70.0%1

Fully Vaccinated (millions)
219.9

≥2321

New Cases per Day3🚩
61,712
50,531
≤5,0002

Hospitalized3🚩
12,437
10,931
≤3,0002

Deaths per Day3🚩
325
311
≤502

1 Minimum to achieve “herd immunity” (estimated between 70% and 85%).
2my goals to stop daily posts,
37-day average for Cases, Currently Hospitalized, and Deaths
🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
✅ Goal met.

Click on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of deaths reported.

New cases have more than doubled from the recent low, and hospitalizations and deaths are increasing week-over-week.

Average daily deaths bottomed in July 2021 at 214 per day.

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