Economists are speculating that fears of recession will weaken the job market in 2008.
he labor market is expected to end 2007 with a whimper, but even that modest forecast could be seen as “the good old days,” since monthly job losses may become common in the year ahead, according to economists.
The December employment report due at 8:30 a.m. ET Friday should see a net gain of 70,000 jobs in the month, according to economists surveyed by Briefing.com, down from the 94,000 gain reported in November.
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