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Moreover, Mr. Yamarone notes that there is little anecdotal evidence supporting strong payroll growth.

Employers reported strong payroll job growth in February.

Employers reported strong payroll job growth in November.

Distilling a lot of buzz, the consensus seems to be that a strong payroll number -- say, something north of 200,000 -- would clear the way for a mid-September liftoff, while a weak number would push the move to December if not later.

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Without this, even a strong payrolls will likely have little impact on the pace of the Fed's tapering schedule, and market reaction could be relatively modest even for a 250,000+ payrolls number.

Updated at 3.39pm BST 1.45pm BST Rob Carnell at ING Bank looks at what the US private payroll number may mean for tomorrow's non-farm figures: The US ADP survey for June came in at a very strong 281,000 rise, which will no doubt encourage thoughts of a similarly strong payrolls.

People looking for good jobs say that waving a party card is, as before, almost a prerequisite except that now the parties with patronage are Kurdish.Adil Kazzaz, who runs the state-owned Northern Oil Company in Kirkuk, concedes that he has been pressed to put 600 Kurds on his 10,000-strong payroll but says he has yet to sack a single Arab.

On the eve of new unemployment figures for January that the Labor Department will report Friday, Mr. Bernanke predicted that "we'll start seeing some stronger payroll reports and some lower unemployment rates pretty soon," but cautioned that it would take years for the job market to return to normal.

Koo Bon Moo, the cofounder's grandson, runs the group as chairman and is one of dozens of relatives on LG's 130,000-strong payroll.

Though a welcome improvement, past recoveries in the 1980s, 1990s, and earlier in this century, have seen much stronger payroll gains, often in excess of 300,000 a month.

A strong jobs report tomorrow would show the kind of solid payroll job growth we've seen over the past year together with a drop in U-6 and stronger growth in wages.

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