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Job market is strong and hiring robust, in contrast to market fears

Patti Domm

Economists expect the economy added 200,000 payrolls in November, reflecting a strong job market and healthy hiring — even as markets are fearful of a slowing economy and even recession. Markets may shrug off the the jobs report if it is in line with expectations, but if it misses, it could be a big negative for stocks and send buyers into bonds. November's jobs report Friday should show a strong pace of hiring in a solid underlying economy, a stark contrast to some of the worst fears in financial markets this week.