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June Jobs Report OK, But Waiting For The Other Shoe To Drop
The American job market exceeded expectations in June, posting job gains of 147,000 and seeing the unemployment rate tick down by a tenth of a point to 4.1%. All in all, it’s an acceptable report, but not without its flaws – some conditional and some fundamental – which must be taken into account.
The June jobs report takes center stage as the S&P 500 and Nasdaq Composite hover at record levels in this short trading week ...
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...
Official data shows job creation remained relatively firm in June, despite continued uncertainty about the impacts of the ...
It turns out there was not a surge in hiring. Instead, the seasonal adjustment to the data, meant to account for schools ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
The strong jobs report also spurred a spike in Treasury yields and reduced expectations for the Federal Reserve to cut ...
Fed officials have cited solid labor-market readings to justify a wait-and-see stance.
The U.S. added 147,000 jobs in June, surpassing projections as the Trump administration celebrated a fourth consecutive month ...
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