GS expectations for the data due at 1330GMT

  • We estimate nonfarm payrolls declined 50k in December
  • We estimate the unemployment rate rebounded a tenth to 6.8%

Citing:

  • most of the Big Data employment signals we track indicate an outright decline in payrolls
  • Additionally, restaurant seatings fell back to July levels, and initial claims rose for the first time since April

For more on the NFP: