Thursday, May 3, 2007

NABE economists bet on April payrolls at 98,000

(Reuters) - NABE said 15 panelists formed the estimate through a "pari-mutuel" betting process in which they placed tickets on a range of possible outcomes.

The distribution of bets also implied a 34 percent chance that April payrolls will be below 75,000 and a 44 percent chance for a number above 100,000.


Read more at Reuters.com Economic News

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