US Jobs: Bullish at Halftime, Decisive for the Fed
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2026-06-30 08:07:00
Related:United States - Alabama
Initial Jobless ClaimsUnited States - US Total Nonfarm Payrolls (All Employees)United States - youth unemployment rateUnited States Average Hourly EarningsUnited States Labor Force Participation RateUS Nonfarm Payrolls - 2 JulUnited StatesConsumer DiscretionaryIndustrials
The US labor market has bottomed and is broadening. June payrolls are seen at ~110k (private ~120k), supported by benign claims and strong ADP data, with the unemployment rate holding at 4.3% (risk of a drop to 4.2%). Why it matters: A fourth straight increase would confirm the downside labor risks that drove past rate cuts have not materialized — strengthening the case for reversing...
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