National jobs report out Friday

Just what I didn’t want to read — a preview of Friday’s jobless report. Anyone out looking for a job right now knows it’s tough. And it sounds like it’s about to get worse. Here’s what Dow Jones had to say about the upcoming report: unemployment

“Added to the underlying anxiety is the slew of economic data due this week, culminating in Friday’s jobs report. Economists on average anticipate a loss of 550,000 jobs and an unemployment rate of 7.4%.

“That is one ugly report holding out until Friday,” said Marc Pado, U.S. market strategist at Cantor Fitzgerald. “

To read the rest of their wrapup  — which includes info on the latest layoffs –CLICK HERE.

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