Reuters - Video

EDITION: U.S. | U.K. | IN

Video

U.S. Week Ahead: Job numbers could be a double-edged sword

Friday, Mar 30, 2012 - 02:49

Mar. 30 - If Friday’s non-farm payrolls show another rise above 200,000, that could help the Fed but also complicate matters for President Barack Obama, according to Reuters Correspondent Jason Lange.

▲ Hide Transcript

View Transcript

Gary is -- US week ahead we could see more signs of -- strengthening recovery. When not part payrolls come out on Friday at 8:30 AM according to IFR we should see an increase of 235000. Jobs in March. They -- warmer weather that would be the fourth straight month of gains above the 200000 mark. Reuters correspondent Jason length that the data is could be a double edged sword. We'll probably is the Fed a bit more room to wait and see if the economy needs more help or not. At the same time more people are probably entering the workforce as they start the job once again and that could help keep the jobless rate steady at eight point 3%. That's not necessarily a bad thing. But it could weigh on President Obama was under pressure to bring down the jobless rate had the November election. There's also key manufacturing jobs and services data on tap highlights include ISM on Monday vehicle sales on Tuesday the ADP report and eyes and not manufacturing index on Wednesday. Same store sales Thursday. Focus will be on ABPs seen by some as a curtain raiser for nonfarm payrolls. A Reuters -- was calling for a rise of 2121000. Private sector job. Expect to slightly more optimistic tone from the instead -- this bank releases its minutes from it. Last meeting on Tuesday at 2 PM earlier in March policy makers voted to keep rates at ultra low levels. Reiterating their outlook they will stay near zero until late 2014. Recently Fed Chairman Bernanke said he expected the economy returns in the long term growth rate. Around 3% over time. We'll get more excited that that went for regional presidency to the podium. On the radar voting members -- an -- on Monday she talks about economic stability and other voting John Williams speaks Tuesday and Wednesday. -- -- the week with a speech on Thursday about monetary policy. Chemicals beverages and retails that's dominate earnings. Wednesday sees results from Monsanto. Constellation Brands and Pier 1 Imports report on Thursday. Don't expect any major surprises -- of them according to start line. You may have heard this before but Tuesday could be a pivotal night in the race for the Republican presidential nomination. With primaries in Texas Wisconsin Maryland and DC. Focus will be on Wisconsin if Romney can hold backwards in -- there. That calls for the GOP to consolidate around him will really pick up. According to the polls Romney is leading in the badgers stay with local Tea Party representative Paul Ryan endorsing him. Don't forget -- -- stock market holiday in the act on that Friday the bond market closes at news I'm Rhonda -- this is Reuters.

U.S. Week Ahead: Job numbers could be a double-edged sword

Friday, Mar 30, 2012 - 02:49

Top News »

Most Popular »

The Exchange »

Moving Pictures »