For better or worse, neither of the two primary areas of focus for this blog – labor demand data and material to weigh in on regarding the job market, the economy, and everything happening everywhere all at once – are presently suffering from a negative supply shock.
In fact, quite the opposite – so much so that I am splitting our non-farm payroll forecast into two parts with the first one, below, being our job market data for April along with our NFP forecast for April (a net gain of 50,000 jobs) and the second, in a post to follow,