Halister News

(Bloomberg) -- Non-farm payrolls seen at +175k in Dec. vs +178k in Nov. (forecast range +125k to +221k); measures number of employees on payrolls.

• Unemployment rate seen at 4.7% in Dec. vs 4.6% in Nov. (forecast range 4.5% to 4.8%)
• Average hourly earnings est. +0.3% m/m in Dec. vs -0.1% in Nov. (forecast range +0.2% to +0.5%)
  • “There are three main focal points in the December jobs report: the potential for a hiring pickup, the durability of the drop in unemployment and clarity regarding wage pressures”: Bloomberg Intelligence
• International trade balance in goods and services seen at - $45.5b in Nov. vs -$42.6b in Oct. (forecast range -$39b to - $46.1b)