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Will the US continue its employment rebound?

Market Questions is the FT’s guide to the week ahead

Will the US continue its employment rebound?

A decline in coronavirus cases, ramp-up in vaccinations and a further loosening of lockdown restrictions are all expected to deliver a boost in monthly employment data due on Friday.

Figures from the labour department are expected to show non-farm payrolls climbed by 628,000 in March following a 379,000 increase in February, according to a Bloomberg survey of economists. The jobless rate is projected to slide further to 6 per cent, from 6.2 per cent last month.

The return of leisure and hospitality jobs could temper wage growth in the latest report, though the overall trend has pointed to a steady increase.

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