NPR : News

Filed Under:

Did Hiring Pick Up As 2012 Ended? We'll Find Out Shortly

Play associated audio

Here it comes — the always eagerly anticipated news about jobs and the nation's unemployment rate.

What are we likely to hear at 8:30 a.m. ET when the Bureau of Labor Statistics releases its figures for December?

As NPR's Yuki Noguchi explained on Morning Edition, economists think BLS will say the unemployment rate held steady at 7.7 percent and that about 150,000 jobs were added to public and private payrolls. If they're right, then the jobless rate came down from 8.5 percent a year earlier and employers added about 2 million jobs in 2012.

The unemployment's recent peak came in October 2009, when it hit 10 percent.

If there is a surprise in this morning's report, it could be on the "up side." MarketWatch rounds up some of the recent signals — including Thursday's ADP National Employment that said private payrolls grew by 215,000 in December — and concludes that "the odds of a loftier employment report" than what's expected have gone up.

And better-than-expected news, MarketWatch adds, could send stocks up sharply later today. Of course, disappointing news could send stocks the other direction.

We'll update with news from the BLS report and reactions to it.

For another angle on the employment news, see Planet Money's post: "Five Years Of A Brutal Job Market, In Two Graphs."

Copyright 2013 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Kristen Bell On 'Bad Moms': 'It Was The Funniest Script I Had Ever Read'

Bell's new film is about three suburban moms who find themselves ground down by the endless chores of motherhood. She says its creators (two men) wrote it as a love letter to their overworked wives.
NPR

Salvage Supperclub: A High-End Dinner In A Dumpster To Fight Food Waste

The ingredients — think wilted basil, bruised plums, garbanzo bean water — sound less than appetizing. Whipped together, they're a tasty meal that show how home cooks can use often-tossed foods.
NPR

A Look At Where Bernie Sanders' Movement Goes From Here

Bernie Sanders may have lost the Democratic race for President, but his supporters believe some of his ideas won. Sanders surrogate Jonathan Tasini looks at his legacy.
NPR

How Your Health Data Lead A Not-So-Secret Life Online

Apps can make managing health care a lot easier, but most don't have the privacy protections required of doctors and hospitals. And a simple Web search can clue in advertisers to health concerns.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.