we are joined by brooklyn -- by brooklyn and alan krueger -- bricklin and alan krueger.ers would be required for the fed to change their mind about what they do this year in terms of rises? think any one report will cause them to change their mind. i think you need a very weak report and that could be followed up by a weak indicators. in particular, job growth, below 100,000, which growth flat, does it beat some of the key thresholds to cause members of the fomc to reconsider. jon: if i could give you one piece of information from the labor market report, would it just be the labor market data on wages and nothing else? cklin: i think that is what is in focus right now. they're coming out with revisions, headline numbers, it is so difficult to figure that out. that wage number is key right now. n, tell us some of the knockout fx. let's assume they have good numbers, what will that do in your estimation to markets? and that means foreign-currency as well as -- and that means foreign-currency also. alan: i think a solid report to markets.ming that is probably what markets

coming up, a conversation with alan krueger on the american labor economy. guests through the morning, including jim glassman and bill gross. next week, sir howard davies will join us. and lord turner will join us as well. he has written some blistering exit in his united kingdom. stay with us this jobs day. this is "bloomberg surveillance ." ♪ david: futures indicate stocks will open somewhat higher. it is jobs day. it may prove to be the second-best year for hiring since 1999. and oil rises from a 12-year low. still, crude is being battered by a perfect storm. turmoil in china, and overflowing u.s. stockpiles. welcome to "bloomberg ." i am david westin. jon: i am jonathan ferro. stephanie ruhle will be returning. , rolling overzing it seems into the open. s&p futures just up nine points this morning. inopean equities now negative territory after being in positive territory throughout the morning. to break this down through the next 60 minutes, michael