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Nov nonfarm payrolls to return to...>

US DATA PREVIEW
US DATA PREVIEW: Nov nonfarm payrolls to return to trend with a 200,000 gain,
after hurricane disruptions in Sept and Oct. Low misses in six of the last eight
November reports add some upside risks to forecasts.
- The unemployment rate is expected to stay at 17-year low 4.1%, a possible
concern to Fed officials, with at least one analyst forecasting a drop to 4.0%.
- Average hourly earnings are expected to start a gradual rise with a 0.3% Nov
gain, with analysts hopeful this may signal wage "catching up" to tight labor
market.
- Private payrolls are forecast to rise by 194,000.
- The average workweek is expected to stay at 34.4 hours.

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