US jobs numbers are expected to rebound when the latest figures are published on Friday, offering investors the latest clue on the path of interest rates ahead of the inauguration of president-elect Donald Trump.
Economists polled by Reuters forecast that the US economy added 183,000 jobs in November, up from 12,000 the previous month, a figure distorted by the impact of hurricanes and a Boeing strike.
Joe Maher, assistant economist at Capital Economics, said that the October figures had been the result of “temporary disruptions” but that a “very soft non-farm payrolls print may also partly reflect some genuine weakness in the labour market” providing support for more cuts by the US Federal Reserve.