What to Expect From Bank of America $BAC Earnings


Goldman Sachs Jobs Report Forecast
NFP +175k
Unemployment rate from 4.1% to 4.0%
Average hourly earnings +0.3% m/m & +2.5% y/y

While labor market fundamentals appear solid, we expect a deceleration from the pace of job gains in October and November, which benefitted from a sharp employment rebound in hurricane-affected states. Our forecast also reflects a modest drag from winter storms around the December survey period.