Big Jobs Bounceback?

A job and resource fair in Hendersonville, North Carolina, on November 19.

In October, the initial estimate for the month’s employment gains was a scant 12,000 jobs.

Economists are expecting 17 times that total for November.

When the Bureau of Labor Statistics releases the November jobs report at 8:30 am ET on Friday, it is wholly anticipated that the data will reflect a sharp rebound.

When plugging those striking and weather-waylaid workers back in, November’s report is expected to show a net gain of 207,500 jobs, according to consensus estimates on FactSet. (CNN)

Let’s hope the projection is accurate!

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