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Jobless Rate
New unemployment numbers come out on Friday, Dec. 2. Early in the week, economists polled by Reuters said they expect employers to have added 122,000 new jobs, up from the 80,000 jobs added in October. To keep pace with population growth, about 150,000 net new jobs are needed each month.
A positive number on Friday could continue to help push stock prices higher. A worse-than-expected showing can dampen the post-Thanksgiving rally.
Retailers are adding about 600,000 jobs around the country: 9 Companies Hiring for the Holidays – TheStreet http://bit.ly/tHcKVU Continue reading