Another blockbuster jobs report Friday could have a particularly big impact on the economy by making it more likely the Federal Reserve will raise short-term interest rates, possibly as soon as this month. Friday's report will likely show that employers added a solid 180,000 jobs in August, according to economists surveyed by data provider FactSet. A weak report on manufacturing Thursday made it more likely the Fed will be cautious, economists said. While the August jobs report will be closely scrutinized, it may be less reliable than other monthly jobs figures. For the past five years, the August jobs report has initially come in below forecasts, only to revised higher by about 70,000, economists say.

Source: ABC News September 02, 2016 03:56 UTC