Deutsche Bank preview of Friday's non-farm payroll report for April:

  • +125k headline forecast (consensus is 135K, prior 228K)
  • jobless rate forecast is 4.2% (unchanged from March)

Deutsche Bank says due to the timing of Easter and spring school breaks that March and APril results can be less predictable.

april nfp 2025 preview 29 April 2025 2
Source: Forex Live