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Stock impact report

What to expect in the November jobs report [CNN]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: CNN
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 — a reset, if you will — from an October report that was bogged down and muddied by back-to-back hurricanes and a major labor strike. When plugging those striking and weather-waylaid workers back in, November's report is expected to show a net gain of 200,000 jobs, according to consensus estimates on FactSet. The unemployment rate — which has served as an unofficial polestar amid the wild distortions — is expected to remain at 4.1%, where it has been since September. “We had a report last month [for] which I told my readers, ‘Just throw it away.' The Bureau of Labor Statistics basically said, ‘You know, we really can't tell you anything about the effect of the hurricanes,'” Dan North, Allianz Trade's senior economist for North America, told CNN. “So, what's going to happen this coming month? Is there going to be a huge Show less Read more
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