US employers are continuing to hire even as global economic uncertainty dominates headlines.
A Reuters survey of economists predicts that nonfarm payrolls increased by 200,000 jobs in December, only slightly down from 211,000 jobs created in November.
The survey also found that unemployment rates are expected to remain at 5% or a 7-1/2-year low.
A strong jobs report could alleviate concerns that the economic glut is widespread. If jobs are still being maintained at high levels, it could show that economic concerns are mostly isolates to the manufacturing and export-oriented sectors, which have been hit hurt by a strong dollar and anemic global demand.
The Labor Department’s closely monitored jobs report, which will be released on Friday at 8:30 a.m.
We’ll be reporting on job numbers once they are made available.