Jobs report and Fed meeting minutes: the week in business.
Jurors in the Elizabeth Holmes trial will continue to deliberate, and a report will show how many people quit their jobs in November.
Elizabeth Holmes trial: Jurors will continue deliberating in the trial of Elizabeth Holmes, the founder of the blood testing start-up Theranos. Monday will be the seventh day of deliberations. So far, the jury has submitted two questions: It asked whether it could take jury instructions home (no), and it asked to listen to audio exhibits of Ms. Holmes talking with investors.
JOLTS: Economists will get another snapshot of how many Americans are quitting their jobs when the Labor Department reports on the number of job openings in November. The Job Openings and Labor Turnover Survey will not capture any reactions to the emergence of the Omicron variant of the coronavirus, which didn’t begin making headlines until late in the month.
Fed minutes: The Federal Reserve will publish minutes from the Federal Open Market Committee meeting held in December, when officials decided they would cut back more quickly on the central bank’s pandemic-era stimulus as concern about high inflation grew.
Jobs report: The Labor Department will publish hiring data for December. Economists expect that 400,000 jobs were gained and that employers raised wages across the country as they looked to retain and hire workers. But economists will also look at whether the Omicron variant discouraged people from returning to the work force.