NFP preview: The night is darkest just before the dawn

In the wake of one of the more tumultuous and depressing years (culminating in one of the most embarrassing days) in recent US history, Americans could desperately use a dose of good news. Unfortunately tomorrow’s highly-anticipated Non-Farm Payrolls report is unlikely to show much improvement to the US labor market. Economists are expecting Friday’s jobs data to show that the US economy created just 68K net new jobs and that the unemployment rate ticked up 0.1% to 6.8%. While the US government was able to reach an agreement to distribute $600 in additional stimulus checks ahead of the new year, those checks are … (full story)

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