Vince Boberski, an economist at FTN Financial, told CNBC’s “Squawk on the Street” that he expects the economy created about 150,000 new jobs in March.
“It’s going to be a weather-dominated report,” Boberski said Thursday. “One hundred and fifty thousand new jobs is really a little bit better than the underling trend in the economy, which is slowing from what we saw over the last couple of years.”
The Labor Department will release the March jobs report on Friday.
Gary Thayer, chief economist at A.G. Edwards, looks for an increase of about 100,000 jobs.
He believes the Federal Reserve will cut rates if inflation begins to cool.