Barclays economists Michael Gapen...>

US DATA PREVIEW: Barclays economists Michael Gapen and Blerina Uruci expect

Friday's 8:30am ET October US employment report "to show a strong rebound in

hiring, after September data were suppressed by hurricane-related effects. At

the headline level, we expect non-farm payrolls to rise by 325k. This is

consistent with a quick retracement of storm-related effects as signaled by

initial jobless claims and other activity data."

- They "expect nearly all of this improvement to come in private sector

payrolls, which we expect to increase by 320k. Within private payrolls, we look

for a significant rebound in services employment, in particular, leisure and

hospitality employment. Elsewhere, we look for the unemployment rate to hold

steady at 4.2% and average hourly earnings to rise by 0.2% m/m (2.6% y/y)."