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US Prepares For Jobs Report, Consensus 125,000 Plus

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

The US will issue November unemployment numbers at 8.30 AM today. Analysts consensus estimates are the nations will add 125,000 jobs.The data will be watched to see if the private sector continues to add jobs as the public sector drops them

The ADP private payroll figures were 206,000 plus, an early indication that US unemployment may be relatively good. But, cities and states continue to cut jobs as austerity measures eat away at local budgets. Recent data from the governor’s association shows that while deficits and tax revenues have improved, the states are still not out of the woods.

ADP figures showed that most job additions were in the services sector and among small businesses. That could be confirmed by todays unemployment number. Analysts remain concerned that relatively high paying manufacturing jobs continue to be cut, while lower paying service jobs grow. And the number of full-time workers is still not growing enough to take the huge number of part time workers down.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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