What To Expect From the Monthly Jobs Report Friday [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Yahoo! Finance
Friday's monthly jobs report is expected to show that the U.S. economy added 200,000 jobs in June, down from the surprising growth reported in May, while the unemployment rate likely held stead at 4.0%. Economists are watching to see if government, health care, leisure and hospitality jobs continue to drive growth. Federal Reserve officials are watching for any softening of the labor market, which could motivate them to cut interest rates more quickly than anticipated. Job growth in the U.S. likely slowed down in June, after a surprising jump the previous month. The monthly employment report to be released Friday by the Bureau of Labor Statistics is expected to show that employers added 200,000 jobs last month and that the unemployment rate held steady at 4%, according to economists surveyed by the Wall Street Journal and Dow Jones Newswires. That's less than the 272,000 jobs added in May “Big Data measures continue to indicate a below-normal pace of job creation during the
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