Detailed text transcripts for TV channel - MSNBC - 20171208:

Detailed text transcripts for TV channel - MSNBC - 20171208:10:52:00

. welcome back. let's turn to business. the monthly jobs report will be released later this morning. it will be the first since a massive swing caused by september's disastrous hurricane season and analysts are expecting strong numbers. cnbc's dylan joins us live. what are economists in wall street watching for in this report? >> well, louis, i think the context of the disaster is hurricane season is important. in september we saw just 18,000 new jobs. a lot of people kept away from their workplace. then in october a lot of people managed to get back to work. we saw a massive jump of 261 jobs added to the total. economists expecting this month 195,000 new jobs. that is a pretty significant number. it keeps the unemployment rate -- very significant numbers. a company that will be losing jobs, not adding jobs is general electric. they announced they're going to cut 12,000 positions from their power unit. that is around a 5th of the work force in that part of the company.

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