Alan Valdes of Hilliard Lyons Inc. talks with Bloomberg's Suzanne O'Halloran about the likely impact of the January U.S. jobs report on the U.S. stock market today. The unemployment rate in the U.S. unexpectedly declined last month to 9.7 percent, the lowest level since August, while payrolls dropped as companies boosted worker hours and overtime instead of taking on new hires. Employment fell by 20,000 last month, reflecting a plunge in construction jobs and a drop in state and local government hiring, figures from the Labor Department in Washington showed.