Via eFX comes the Goldie’s February nonfarm payroll employment preview
-and a slight downward revision from our forecast at the start of the week. Labor market indicators were mixed in February, with lower jobless claims and a rise in the ISM manufacturing employment component, but declines in the employment components of most nonmanufacturing surveys, including the ISM services survey. We expect some rebound from the large declines last month in employment in the private education, temporary help services, and couriers and messengers sectors..