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The monthly non-farm payrolls (NFPs) report is expected to see 191,000 jobs created for April, a rebound from the weather-induced weakness of March, when 103,000 jobs were all that the US could muster. This figure of course will see revisions, so with the focus partly back on whether there is fresh slack in the American economy, an upward revision would suggest that there is indeed still plenty of room for growth in job numbers. The unemployment rate is expected to fall to 4% from 4.1%, while the all-important average hourly earnings figure is forecast to rise by 0.2% after a 0.3% gain in April.
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