Preview: February non-farm payrolls by the numbers. Eyes on earnings ...Middle East

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Preview: February non-farm payrolls by the numbers. Eyes on earnings
What's expected:Consensus estimate +200K (range +120 to +290K)Private +160K estimate vs +317K priorJanuary +353KUnemployment rate consensus estimate: 3.7% vs 3.7% priorParticipation rate: 62.5% priorPrior underemployment U6 7.2%Avg hourly earnings y/y exp +4.4% y/y vs +4.5% priorAvg hourly earnings m/m exp +0.3% vs +0.6% priorAvg weekly hours exp 34.3 vs 34.1 priorFebruary jobs so far:ADP report +140K vs +150K expected and +111K priorISM services employment 48.0 vs 50.5 priorISM manufacturing employment 45.9 vs 47.1 priorChallenger job cuts 84.6K vs 82.3K -- 11-month highPhilly employment -10.3 vs -1.8 priorEmpire employment -0.2vs -6.9 priorInitial jobless claims survey week 202K -- a five-

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