November Jobs Report in Focus for Signs of Cooling Labor Market
• U.S. job growth and November employment report in focus next week as key indicators of economic health
• Job Openings and Labor Turnover Summary (JOLTS) data on Tuesday expected to show cooling job vacancies in October
• ISM service sector index on Tuesday forecast to pick up slightly in November but remains near weak May levels
• November jobs report on Friday forecast to show 190,000 jobs added and unemployment holding at 3.9%
• Economists say job growth likely masked cooling labor demand; rising layoffs would signal worries for broader economy