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Transcripts For CNBC Squawk On The Street 20121207

German Industrial Production and some reports at least that some ecb members favored a rate cut yesterday. Our road map will go like this. That puzzling jobs number beating virtually every wall street estimate as the Labor Department says sandy had only a minimal effect. Is it true a clean number and what are conspiracy theorists saying. A comment hastings made last july. What does it say about s. E. C. Rules and whether they are out of date. Mcdonalds will post same store sales on monday gets an upgrade to buy taking the forecast to a street high after surveying franchisees. We begin with november jobs number. 146,000 nonfarm jobs added last month above forecast of 80,000. October and september payrolls were revised lower. Unemployment rate fell by 0. 2 to 7. 7. Thats the lowest in four years. The dip occurring mostly because more people stopped looking for work and were not counted as unemployed. As for hurricane sandy, the Labor Department says the storm did not substantively impact

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