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Stock impact report

What to look for in Friday's jobs report [Yahoo! Finance]

ZipRecruiter, Inc. Class A (ZIP) 
Company Research Source: Yahoo! Finance
Monthly job gains have frequently come in stronger than expected, and unemployment has held at or below 4% for 30 consecutive months. That said, the job market of today is far different than it was 30 months ago. “The labor market has normalized,” Luke Tilley, Wilmington Trust's chief economist, told CNN in an interview. But, he cautioned, “the concern would be if it worsened from here.” Economists don't believe job gains will fall off a cliff when the Bureau of Labor Statistics releases employment data for June on Friday morning. In fact, the monthly payroll gains should remain strong and steady, but gradually cooling: Economists expect the US added 190,000 jobs last month, a pullback from the stronger-than-expected 272,000 gain in May , and for unemployment to hold steady at 4%, according to FactSet consensus estimates. Still, there's a growing chorus of data that shows the economy is slowing, consumer spending is letting up and workers are feeling less secure. As such, F Show less Read more
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