Jobs data may improve but underwhelm

http://www.marketwatch.com/story/jobs-data-may-improve-but-underwhelm-2013-04-28?dist=lbeforebell

Labor market growth has been up and down as of late, and the central bank is expected to continue it's recent policies until more steady gains are made. “Even though this is a marked improvement in the pace of job creation relative to the meager…jobs added in March, it remains well below the more buoyant pace earlier this year,” noted TD Securities economists.

On Wednesday, there will be a report just looking at private payrolls, and economists forecast an April gain of 170,000, compared with 158000 in march. March’s result was far below an average monthly gain of 190,000 over the prior two years. Given jobs trends like these, and other recent negative data, Federal Reserve officials won’t announce policy changes after meeting on Tuesday and Wednesday.