Economic Report: U.S. creates 372,000 jobs in June. Strong labor market a bulwark against recession


The U.S. is forecast to add 250,000 new jobs in June, according to economists polled by The Wall Street Journal. The unemployment rate is expected to stay at 3.6%. Wages are forecast to rise 0.3% and put the increase over the past 12 months at 5% vs. 5.2% in May. 

The report will be released at 8:30 a.m. Eastern by the Bureau of Labor Statistics. 

In premarket action, the Dow Jones Industrial Average

and S&P 500

were set to open mixed in Friday trades.

Mark Hulbert: ‘If it’s a recession… buy!’ This little-known market indicator is telling you to scoop up stocks on the cheap

Previous article

: 3 hurdles you need to clear when retiring abroad—from retirees who have lived in Ireland, France and Panama

Next article

You may also like


Leave a reply

Your email address will not be published.

More in News