U.S. stock exchanges will be closed on Good Friday, but that won’t stop the government from releasing the March jobs report.Good Friday is a market holiday but it isn’t a federal holiday, so the U.S. Labor Department will release the employment data at its usual time of 8:30 a.m. Eastern. While... U.S. stock exchanges will be closed on Good Friday, but that won’t stop the government from releasing the March jobs report.Good Friday is a market holiday but it isn’t a federal holiday, so the U.S.
Economists surveyed by The Wall Street Journal, on average, expect the data to show the U.S. economy added 238,000 jobs in March, down from 311,000 in February. The unemployment rate is expected to come in unchanged at 3.6%, while average hourly earnings are seen rising 0.3% after a 0.2% increase in February.
Stock-index futures were slightly lower Wednesday morning, ahead of March private-sector payroll figures from ADP due at 8.15 a.m. ET.
Falling demand for workers can result from reduced investments incumbent upon the higher borrowing costs.