Here Is What to Expect in Friday's November Jobs Report

The November jobs report is released on Friday morning by the Bureau of Labor Statistics. Wall Street expects nonfarm payrolls to rise by 170,000. But economist and Real Money contributor Steve Blitz says November is a historically volatile month for nonfarm payrolls, given the rise of seasonal workers for the holiday shopping season. But, a fluke number to the downside won't derail the Federal Reserve's December rate hike plans. "They are going in December," Blitz says, adding that the Fed tends to look at the three-month average of job creation, rather than one individual month. TheStreet's Scott Gamm reports from Wall Street.