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The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.

The consumer price index is expected to show a 2.7% 12-month inflation rate for November.

Heads of households expecting their financial situations to be better a year from now jumped to 37.6%.

Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.

The unemployment rate jumped significantly for Black women in November.

Health care and social assistance led the way yet again last month, seeing 72,300 new positions added in that area, per the Bureau of Labor Statistics.

Nonfarm payrolls were expected to increase 214,000 in November, according to the Dow Jones consensus forecast.

The jobs report due out Friday could provide a clearer picture of where the labor market is headed.

President-elect Donald Trump plans to nominate financier Paul Atkins to head the Securities and Exchange Commission.

Companies added 146,000 on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.