3 Things to Watch in Friday’s July Jobs Report

The July jobs report will be released on Friday by the Bureau of Labor Statistics. Economists expect nonfarm payrolls to rise by 185,000. 'We've seen a tremendous amount of volatility,' said Lindsey Piegza, chief economist at Stifel Fixed Income, who expects roughly 150,000 jobs to be created in July. 'No growth in May - a tremendous amount in June and we're looking for July to split the difference and maintain the trend pace that we've seen for quite some time.' In May, the economy created a paltry 11,000 jobs, while nonfarm payrolls rose by 287,000 in June. Both months may be revised in Friday's report. TheStreet's Scott Gamm reports from Wall Street.