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U.S. Week Ahead: You ready for another weak jobs report?

Friday, June 29, 2012 - 02:30

June 29 - Non-Farm Payrolls are set to grow by a mere 90 thousand on Friday - marking four-months of painfully tepid growth.

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The US may be celebrating its freedom on July 4 but Washington is still under the thumb of the stagnant recovery. There's a lot of important economic numbers to break down the most significant -- will be the jobs report on Friday. That's set to show a rise of only 90000. Marking former wants of painfully tepid growth. It's way below the critical level of 200000 which would keep the recovery -- just above water. Brighter economic editor salad Dawson says firms are suffering from lots of uncertainty. The corporate earnings outlook is weakening the export sector also itself does Brazil India and China or slightly down. Consumers' -- closing out their pocketbooks. A -- incomes have been flaps that little wonder then that consumers are reporting that jobs were proving harder to get in June. Expect any comfort from the likes of target and eighteen when retailers report sales. The overall sector is expected to grow by over 3%. That's significantly less than the numbers from last year. It's a tough comparison given twenty -- barn burning figure is but it's just another sign that consumers are feeling those economic blues. There could be one bright spot on the horizon don't think you of all places Detroit. Vehicle filled out Thursday could hit a five year high after tripping the previous month the key driver will be people replacing their clunkers with the latest models. The average age of heart on the road is now a record eleven years the EU debt crisis could spoil the party go. Boss Dan Akerson said he wasn't worried weakness and you're a business in the second half of the year. Ford on the other hand -- its second quarter losses from operations outside North America could triple to 570. Million dollars. -- your time punching economics got got ahead. On number four -- sixty TO. That's how many we're Joey jaws chestnut ate at last year's Coney Island hot dog eating contest which safely began on July 4. It was watched by almost two million people on ESPN. Top prize for the winner is 101000 dollars and whatnot you could buy about 20000 hot dogs. And again why would you do. Don't forget US markets will be closed on July 4 for more coverage featured a follow us on Twitter at work here -- insider. And also check out our YouTube channel at -- dot com slash buyers TV. But a mom this is --

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U.S. Week Ahead: You ready for another weak jobs report?

Friday, June 29, 2012 - 02:30