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Unemployment Rate Seen Ticking Down to 5.9% -- Data Week Ahead

05/28/2021 | 02:14pm EDT

The following are forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal.

 
DATE      TIME  RELEASE                    PERIOD     CONSENSUS    PREVIOUS 
          (ET) 
Tuesday   0945  Markit Mfg PMI              May       61.5   (5)    61.5* 
          1000  ISM Mfg PMI                 May       60.5   (19)   60.7 
          1000  Construction Spending       Apr      +0.5%   (9)   +0.2% 
          1030  Dallas Fed Mfg Svy          May       36.0   (3)    37.3 
Thursday  0815  ADP Jobs                    May      +700K   (7)   +742K 
          0830  Jobless Claims              May 29    400K   (10)   406K 
          0830  Productivity (Revised)      1Q       +5.5%   (10)  +5.4%** 
          0830  Unit Labor Costs (Revised)  1Q       -0.3%   (9)   -0.3%** 
          0945  Markit Services PMI         May       70.1   (5)    70.1* 
          1000  ISM Non-Mfg PMI             May       62.4   (19)   62.7 
Friday    0830  Nonfarm Payrolls            May      +674K   (18)  +266K 
          0830  Unemployment Rate           May       5.9%   (18)   6.1% 
          0830  Avg. Hourly Wages M/M***    May      +0.2%   (16)  +0.7% 
          0830  Avg. Hourly Wages Y/Y***    May      +1.6%   (8)   +0.33% 
          1000  Factory Orders              Apr      +0.0%   (9)   +1.1% 
 
*May Flash Reading 
**1Q Prelim Reading 
***all private-sector workers 
 
(Figures in parentheses refer to number of economists surveyed.) 
 

Write to Donna Huneke at dataweekahead@wsj.com

(END) Dow Jones Newswires

05-28-21 1413ET

Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) 0.30% 0.73991 Delayed Quote.-4.28%
BRITISH POUND / US DOLLAR (GBP/USD) 0.45% 1.3967 Delayed Quote.1.52%
CANADIAN DOLLAR / US DOLLAR (CAD/USD) 0.64% 0.8033 Delayed Quote.1.14%
DJ INDUSTRIAL 0.51% 35110.52 Delayed Quote.14.55%
EURO / US DOLLAR (EUR/USD) 0.40% 1.1891 Delayed Quote.-3.22%
INDIAN RUPEE / US DOLLAR (INR/USD) 0.34% 0.013469 Delayed Quote.-1.96%
NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD) 0.74% 0.70118 Delayed Quote.-3.02%
S&P 500 0.49% 4422.16 Delayed Quote.17.18%
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