Quote:
Employers probably expanded payrolls in December, capping the strongest year for U.S. employment since 2005, a report today may show.
The addition of 197,000 jobs followed a 203,000 advance the prior month, according to the median forecast of 90 economists in a Bloomberg survey. The projected gain would bring the annual increase to 2.27 million
Wrong. It was 74,000. Why do they even make these predictions? Yesterday ADP said it would be 200,000 +. Every month the predictors are off 30 to 100 percent. Are they just guessing off the top of their head or trying to skew the markets?