U.S.-China Trade Deal, Jobs Data, World Bank Forecast: Eco Day

(Bloomberg) --

Welcome to Thursday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

• 2019 was both a great year for the U.S. jobs market, and the worst in almost a decade.
• China announced that Vice Premier Liu He will travel to Washington to sign the first phase of the trade deal with the U.S. next week, locking in Beijing’s commitment to a ceremony already announced by President Donald Trump
• The Bank of England is debating the merits of additional monetary stimulus and has plenty of room to act to prop up the economy, according to Governor Mark Carney
• German industrial production rebounded in November after two months of declines, in a cautious sign that Europe’s largest economy may be near the bottom of its manufacturing slump
• Global economic growth is likely to pick up slowly this year and next, though the recovery will be more modest than previously estimated despite the easing of trade tensions, according to the World Bank
• Finally, this week’s Stephanomics podcast explores why people with so many degrees are having trouble getting jobs -- and the government’s effort to attract workers who are needed most

To contact the reporter on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Brian Swint

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