plus more firepower for ukraine, the u.s. about to approve longer range missiles to counter russians on the battlefield. and too cold for school, classes in big cities like boston and buffalo canceled with the coldest windchills since the 1980s about to take hold. it is friday, welcome to our viewers in the united states and around the world. i m christine romans. right now chinese spies could be watching you from above from a high altitude spy balloon. the pentagon says they have been tracking this balloon about the size of three buss for days. people on the ground in montana at any didn t know what to make of it at first. there is the moon. all right. and then there is that. what planet is that? that sighting raises two big questions, what is it doing here and what does the biden administration plan to to about it. we get more from oren liebermann at the pentagon. reporter: for several days now the u.s. has been tracking this surveillance balloon over northern u.s.,
3.6%. in a few hours the department of labor will release that jobs report, a key measure of inflation that we ll be looking for in the page part of that report. let s bring in john lear. what are you expecting? yeah, i m expecting job growth to be very robust despite all the headlines that we ve been reading about layoffs in the tech sector and i think that it is a testament to how tight the job market is and how rapidly folks have been reabsorbed in other sectors. and 11 million jobs are up for grabs right now and the weekly jobless claims dropped to a nine month low. so outside of this report, we keep seeing signs of tightness in the labor market. even as tech has all those layoffs, what is your assessment of how tight it is and what the fed will tolerate here? i think where we are in terms of the employment cycle, we re sort of in this, woulder re reallocation phase. companies and sectors that