Here Is What to Expect From the January Jobs Report

The January jobs report is released on Friday. Analysts expect nonfarm payrolls to rise by 175,000. Sameer Samana, global quantitative strategist at Wells Fargo Investment Institute, agrees with Wall Street's consensus estimate and will be keeping a close eye on average hourly earnings, the other component of of Friday's report. The unemployment rate for January is expected to hold steady at 4.7%. Samana also comments on President Donald Trump's vows to create more jobs, even at a time when the economy is near full employment.