Dow Up, Unemployment Down As Google Cuts 1,200 Motorola Jobs

AP Photo/Mark Lennihan, file

U.S. stock futures are heading higher ahead of the February jobs report that is expected to show employers continue to bolster staffing as the economy recovers.

Dow Jones industrial futures are up 44 points to 14,300. S&P futures have added 5.1 points to 1,542.80. Nasdaq futures are up 7.5 points to 2,802.50.

Economists expect that the U.S. added 152,000 jobs last month, but some warn that the number could come in a little softer Friday, given extreme weather conditions last month.

A weekly jobs report Thursday appeared to bolster optimism that the Labor Department would signal continued hiring, and perhaps even reveal a downtick in the unemployment rate. Unemployment has remained mired at 7.8 percent or higher since September.

The government also releases the wholesale inventory report for January on Friday.

Along with this update comes another one as Google says it's cutting an additional 1,200 jobs in its Motorola division. 

The latest reductions come on top of the 4,000 Motorola job cuts that Google Inc. announced last summer, and will be in countries including the U.S., China and India.

When Google bought Motorola last year for $12.4 billion, it had about 20,000 employees. The online search leader has also pared the division with a planned $2.35 billion sale of the Motorola set-top business, which had about 7,000 employees.

Motorola has lost market share to Apple and Samsung.

The Wall Street Journal reported the job cuts in Friday's editions.

Copyright 2013 The Associated Press.

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