An Odd Jobs Report Looming

The outlook for the job market couldn’t be murkier.  Snowstorms, big annual revisions and the end of benefits for the long-term unemployed could give a distorted picture of the job market when January’s labor report comes out Friday.

Economists surveyed by CNNMoney are predicting 178,000 jobs were created last month. That would be a big improvement from December’s shockingly low 74,000 jobs.

Meanwhile, they predict the unemployment rate will remain at 6.7%.  But wild cards like bad weather, yearly revisions and the end of federal jobless benefits, have economists on edge about their predictions.

CNN

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