" Good Friday podcast listeners market watchers and all the candidates heading for Monday morning to Manchester this is the podcast money markets and more from the newsroom at marketwatch.com. I'm Andrew wrote today and ask you to make me your second caucus choice. Jobs jobs jobs no I'm not about to begin a political speech from just making reference to the biggest economic report of this day week month. And what the heck it applies the biggest economic report a year to date December employment creation. Certainly can be said the big job report sure to move the market has had a few previews. No fewer than three job related reports Thursday of course painting a somewhat confusing picture. What else would you expect. The Labor Department said initial jobless claims dropped 21000 last week HR tracker challenger gray and christmas. Says corporate layoff announcements fell to their lowest Mark in seven years in 2007. Those reports of course are considered good news ahead of today's report the payroll processor ADP says private sector employment increased by 40000 positions last month. And that is considered on the weak side especially considering the overall prediction for 70000 new positions overall. That would mean 30000 net jobs would have to be created just in federal state and Local Governments. Mixed signals on the direction of the economy and the mortgage market are helping keep mortgage rates in check. That's according to the chief economist at Freddie Mac after the firm released its latest measure of mortgage rates. Finding the thirty year fixed slipping to six point 7%. Netflix best known for mailing movie dvds to customers through its subscription service. Also has been expanding its movie download business in which you can get a -- in minutes instead of days. Now the company says it will begin streaming movies too high definition TVs without computer connections. Netflix is working with LG to develop a set top box it predicts will be ready later this year. For -- the market seemed pretty convinced that was a great idea Netflix stock rose quickly early Thursday. To finish down about a quarter share. One of the few remaining independently owned cable television networks is up for a possible sale. The weather channel the network everybody watches -- a blizzard or hurricane is on the way. As hired JP Morgan and Lehman Brothers to help it explore strategic alternatives including sale he could fetch as much as five billion dollars. Comcast NBC universal and news corporation. Parent of MarketWatch -- considered contenders. For the weather channel. Time for cars. Toyota has become America's number two look auto maker. According to US sales totals released by the car companies Toyota sold more vehicles in the US in 2007. Then Ford did. That's thanks in part to December Toyota sales down one point 7% but still it -- more cars trucks and vans than Ford. Whose sales were down 9%. For the year Toyota's US sales gained 3% Ford down 12% well that sounds pretty nice for Toyota but auto industry analyst David Healy. Says it's really no big deal it's."
" A matter of bragging rights that it's historical point but significance for the auto business I don't think very great."
" Also not very great sales for General Motors US GM's sales down four point 4% in December down 6% for the year. GM remains the top sales dog in the US but estimates now place it behind Toyota in global sales. For the first time ever."
" We'll find out for sure later this month GM has been the top auto maker in the world since the 1920s. When it dropped Ford to number two. And of course who can forget Chrysler Chrysler is the only American nameplate with a sales gain for December. Chrysler sales up 1%. India's tata motors perhaps is best known for the plan announced last year to build 2000 dollar car for the Asian market. 2000 dollar car. But tough talk could soon become the proud new owner. All of Jack you -- Current -- owner Ford has tapped top top as the front runner in bidding for jaguar and Land Rover. Of course if Iowa has taught us anything it's not to just assume the front runner is going to win. Yeah over the comments about this podcast feel free to contact me at all day podcasting Yahoo! dot com. That's OT a Y podcast at Yahoo! dot com that in this podcast money markets and more from the newsroom and marketwatch.com. This is Andrew -- day and after the news outlets are --"