The U.S. government will later today release data for January’s non-farms payroll sector. The ADP report released on Wednesday showed that 170,000 new jobs were created against expectations of 185,000 and a marked decline from 325,000 in December. Given that, analysts are expecting that the Bureau of Labor’s official data will show an increase of 150,000 new jobs for the month, down from 200,000 in December. Economists have said that the U.S. labor market is showing signs of recovery but the fact that the ADP numbers didn’t meet expectations could be enough to cast doubt on today’s outcome. Read more