A pedestrian wearing a protective mask walks past a closed restaurant as snow falls in New York, on Thursday, Dec. 17, 2020. Angus Mordant | Bloomberg | Getty Images
December’s job growth likely slowed dramatically from November’s pace and could even be negative, as businesses and consumers responded to the spreading coronavirus.
Economists expect 50,000 jobs were added in December, slightly more than a fifth of the 245,000 in November, according to Dow Jones. The unemployment rate is expected to rise slightly to 6.8% from 6.7%. The report is out at 8:30 a.m. ET on Friday.
“I think it’s 50/50 whether it’s going to be up 50,000 or down 50,000. We’re kind