WASHINGTON - With China’s viral outbreak disrupting trade and Boeing’s troubles weighing on American factories, the January U.S. jobs report on Friday may provide timely evidence of the U.S. economy’s enduring health. The closely watched jobs report comes in the same week that President Donald Trump boasted of his economic record in his State of the Union address, previewing a central campaign theme in his re-election bid. Along with January’s hiring data, the Labor Department is expected to report that the United States had 500,000 fewer jobs in March 2019 than previously estimated. But its impact likely came too late in the month to affect Friday’s U.S. jobs report. Those layoffs occurred after the government’s survey for last month, so they probably won’t show up until the jobs report for February is issued next month.

Source: thestar February 07, 2020 05:03 UTC