Could tomorrow’s jobs report for February contain another huge surprise with the forecast by economists coming in exceedingly higher or lower than their expectations?
The fact of the matter is it is not uncommon for the economic forecast to come close to the actual numbers. However, in the case of last month’s jobs report they underestimated it by 63%. While it is highly unlikely that their estimates will contain such an over or under-estimate as we saw last month it is very common for the actual numbers to be quite different than the estimates.
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