"The U.S. is sort of an island of relative strength in a pretty choppy global sea. People are worried the problems abroad could afflict the U.S., but our domestic fundamentals are pretty sound and should outweigh that," said Josh Feinman, chief global economist at Deutsche Asset & Wealth Management in New York.
The survey of employers is expected to show job gains in 2014 were the largest since 1999.
The unemployment rate is forecast slipping one-tenth of a percentage point to 5.7 percent in December, which would be the lowest since June 2008. There is, however, uncertainty with the December jobless rate forecast as the household survey data from which the rate is derived will be revised back five years.
Still, economists do not expect a material shift in the trend. The unemployment rate dropped 0.8 percentage point in the first 11 months of 2014.
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The Labor Department will publish December's employment report on Friday at 08:30 a.m.
The report will also be watched for signs that wage growth is shifting higher after a nine-cent jump in November.
Wage growth has been frustratingly tepid and economists believe the Federal Reserve will be hesitant to pull the trigger on raising interest rates without a significant increase in labor costs.
The U.S. central bank has kept its short-term interest rate near zero since December 2008.
It has not raised interest rates since 2006, but recently signaled it was moving closer to hiking, even if inflation remains below the Fed's 2.0 percent target. Most economists expect the first rate increase in June.