US. jobs data report December 2 2011

US. jobs data report December 2 2011 ; The US private-sector ADP National Employment Report had reported 206,000 new jobs exceeding the 130,000 that analysts had forecast yesterday! This was the largest increase since December of 2010! The US Unemployment Report due out Friday has analyst's forecasts coming in at 122,000 to 150,000 new jobs created. Today, the US Initial Jobless Claims increased by 6,000 individuals filing for unemployment benefits disappointing investors.

The 402,000 is just above the crucial 400,000, which has the global community looking for further reports that may exceed the 400,000. US Institute for Supply Management Index of factory activity reported an increase to 52.7 from 50.8 the previous month. Anything over 50 is regarded as expansion. US Retail Sales over last weekend hit $52.4 billion exceeding last year's $45 billion. US Construction Spending was up 0.8 % to the annual rate of $798.53 billion which exceeded analyst's expectations. Friday, we have US Unemployment at 7:30 AM CST.

Today’s Labor Department report may show payrolls climbed by 125,000 workers in November, following the 80,000 increase in October, according to the median forecast of 90 economists surveyed by Bloomberg News. The jobless rate held at 9 percent, economists said.

market wait US. jobs data report december 2 2011
The euro and commodity currencies struggled to make much headway in Asia on Friday, continuing to consolidate hefty gains made earlier in the week as investors retreated to the sidelines ahead of the closely watched U.S. non-farm payrolls report. Due at 1330 GMT, the labour data is expected to show an increase of 122,000 jobs and a steady unemployment rate of 9.0 percent. A positive surprise is likely to underpin risk sentiment, while a weaker-than-expected outcome could prompt investors to take more profits on recent gains.

U.S. crude futures eased on Friday, extending losses from the previous session as signs of slowing manufacturing growth in Europe and China eclipsed upbeat U.S. data. All eyes are on U.S. nonfarm payrolls data due later in the day which may show a stronger-than-expected increase after private employers hired more than forecast in November.

Asian stocks were mixed Friday as markets consolidated Thursday's stellar gains ahead of the U.S. nonfarm payrolls report later in the global day. The mood in markets was subdued as traders awaited the U.S. jobs data later Friday and further developments in Europe in coming days, as optimism over Wednesday's coordinated action by six major central banks, including the U.S. Federal Reserve and European Central Bank, gave way to caution amid the still-unresolved debt crisis in Europe. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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