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Jobs report, DoorDash jumps and more: Friday's 5 things to know
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Here are the key events taking place on Friday that could impact trading.
JOBS REPORT: The key economic report of the week comes before the opening bell when the Labor Department is expected to say the U.S. economy added 250,000 new nonfarm jobs in July.
"It won't be like the 372,000 we saw in June," said Joanie Bily, Workforce Analyst at Employbridge. "We could see revisions and even see June's number revised."
It would mark the weakest job growth since December 2020, consistent with other data showing cooling labor market. The unemployment rate is anticipated to hold steady at 3.6% for the fifth month in a row.
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