Friday's jobs report could eliminate market's recession fears

Friday's jobs report literally is one of the most important in a very long time, since economists believe it will not only send an important signal about whether a recession is coming but also what the Fed should do about it. Economists expect 180,000 nonfarm payrolls were added in March, after a shockingly low 20,000 in February. March's report is expected to show that February's data was an anomaly and that job growth remains strong, there is no recession coming and the Fed may not need to cut interest rates.