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Upcoming Jobs Report Could Affect Fed's Decision, Analysts say on BloombergTV

NEW YORK (TheStreet) -- The U.S. Labor Department's jobs report for August comes out this Friday and will be the last piece of labor-market data the Fed receives before its September meeting, the Wall Street Journal reports. Strong numbers could encourage the Fed to hike interest rates.

Bank of America Merrill Lynch (BAC) is looking for 180,000 added jobs for August, down from July's 255,000, the firm's senior North America economist Emanuella Enanajor said on BloombergTV's "Bloomberg Go" Monday morning. This would give a three-month average of 250,000...


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