Reuters - Video

Edition: US | UK | IN | CN | JP

Video

U.S. Day Ahead: Jobs report could be blah or stun

Friday, January 06, 2012 - 02:19

Jan. 5 - A range of polls show that U.S. non-farm payrolls could come in at an anemic 150,000 for December or surge past expectations.

▲ Hide Transcript

View Transcript

Here is your US stay ahead it is all about employment with the release of the jobs reported 8:30 AM nonfarm payrolls should hit and -- -- 150000. In December according to Reuters poll. That's more than the previous month but Reuters columnist David -- says it's quality not quantity. A lot of them are the lower end of the wage scale autumn in the service sector. And there needs to be more. Better paying jobs to really revitalize the American middle class. It's the lack of that kind of solid I think manufacturing jobs are jobs that continue to be a problem. And unemployment is set to take off it should rise slightly to eight point 7% as more people resume their search for work. But it's not that there's been a bit volatile place let's take a look at what some of the big players are betting. JPMorgan is the top of the range with 185000. I -- far is just under consensus that 140000. UBS is not a conservative 125000. And started to bank is close to wait oppressing 1101000. BNP Paribas as making a bearish cases well. We expect nonfarm payrolls increased 130000. In December desolate it loans and others are looking for. The main reason for that is that we've put a loan growth full cost. Been in many other people so we can -- cookies and maybe we -- And second we think that the decline in client in this -- -- recently I of the -- been -- light laughter. -- just hear more fed about housing and transparency. Officials take to the podium for the first time this year. He kicks off of New York fed president William does it I AM that's followed by his Boston counterpart Eric -- granite and money. Fed board governor Elizabeth duke speaks at 1240. Fed board governor Sarah bloom raskin talks at 1 PM. And we'll find out how best -- -- in December it would release the same store sales. The electronics retailer hopes to carry some momentum from a successful Black Friday weekend. When it's odd double digit gains and visitors with that in mind traditional big box retailers have seen -- margins hit. By the success online competitors like Amazon. I'm Rhonda -- this is writers' side.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Day Ahead: Jobs report could be blah or stun

Friday, January 06, 2012 - 02:19