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This is this Imus -- -- morning.
I'm on the Fox Business.
Good morning everyone and we've been saying all morning it just under thirty minutes the government will release the January jobs report 150000.
Jobs are expected to have been added and the unemployment rate is predicted to stay at eight point 5%.
Dow Jones columnist Kathleen Madigan -- here now to give me some more details on what to expect.
And capping and look a little Dicey get a good read from the first report of the year.
But this sort report is especially Larry among other things we -- see revisions and non farm payrolls dating as far back as January of 07 so what should we look out for on that front.
Well yet that's something that they do every year and and -- the positive to take away is that economists expecting that.
Revisions are actually -- increased payrolls.
Maybe by as much as 200000.
And that that's going to be the first increase in the revisions since 2006 and that have to be seen as a positive -- the improvement in the labor market.
And -- part the other part is that the Bureau of Labor Statistics is going to be using new census data.
For its calculations of how might that affect the unemployment rate number.
Yet getting -- today always and it's gonna get -- something that they do every year.
But usually did change at -- -- -- planner rated only one -- up -- down for each month so.
It really doesn't effect at all that much.
And what other numbers should we take a look for in this report besides that overall jobs added and the unemployment figure we keep talking about.
Well what does things that I think a lot of economists and investors are gonna look at is and is this very tiny sector called.
Messengers -- carriers.
And in December.
They actually they're -- they're less than 1% of total payrolls but they accounted for 20%.
Of the payroll gain in December these are basically the people who delivered the presents we ordered on lied and that that access -- UPS.
And they had to increase their hiring in December to deliver those packages.
And how much.
The -- -- did terribly committee.
In January because of those people -- listen to adapt to the holidays broker.
I capping -- a lot of information to process there are happening here to sort of -- it all down -- thanks Kathleen you're.
Let's take a look at the market now over -- at retail sales in the eurozone fell unexpectedly in December.
The eurozone purchasing managers report showed growth following four months of declines stuck there have been in the Green for most of the day though we're not seeing London's up by 21 Paris just strictly direction.
Down by -- half a point now off Frankfurt still holding on just barely about a third of a point up.
Here in the US the futures are still on the Green -- -- just about flat Dow futures are up by eight points the S and he's up by half a point and the NASDAQ up by six.
Meanwhile shares of Tyson are getting a boost in the premarket following its first quarter results that food company reported a profit of 42 cents a share which topped the estimate of 33 cents.
But was down from the 78 cents a share reported a year ago.
Tyson says results were hurt by volatility in the beef market sales did rise go to eight point 33 billion dollars that was better than expected.
The company says for the year ahead overall domestic meat production is expected to.
The largest owner of US malls and outlet center -- history all of -- with its fourth quarter results Simon Property Group quarterly funds from operations came in.
At a dollar nine you wanna share beating the estimate by a penny and beating last year's number.
Revenue came in at one point 17 billion dollars topping the one point 16 billion dollar testament.
And earnings per share came in at a dollar 24 a share which was also better than expected the company boosted its quarterly dividend by over five and a half percent.
To 95 cents a share.
-- has a top Los beat expectations as well with its fourth quarter report this morning at forest product company.
Report a profit up fourteen cents a share excluding items that eight cents better than expected.
Revenue of one point six billion dollars just beat analyst estimates.
The company says for the current quarter it expects slightly improved selling prices due to a higher percentage of export logs being sold to Japan.
And -- bill aiming to stop insider trading on Capitol Hill is one step closer to becoming a law.
The senate approved the stock act yesterday and the measure now heads to the house which is expected to take it up next week.
The bill -- lawmakers from trading stocks based on nonpublic information they got while in office.
Several amendments have been added to it including a ban on bonuses for top officials at Fannie Mae and Freddie Mac while -- you're under government control.
If the house makes more changes to legislation we'll have to go back to the senate for another vote but the house also has its own version of the -- so we'll see how that plays out.
You look at commodities now oil and gold are bowed down.
Oil down by about twenty cents at 96 dollars a barrel gold found by two dollars at 1757.
Imus in the morning continues right now on Fox Business.
Giving you that Howard across.
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