June employment data are pivotal for Fed rate expectations, with markets looking for 125,000-175,000 job gains versus May's 172,000. Job growth is expected to be led by services, construction, and manufacturing, while nondurable goods and telecom are seen adding to job cuts. The report could materially shift interest-rate expectations and broader market pricing.
June employment data are pivotal for Fed rate expectations, with markets looking for 125,000-175,000 job gains versus May's 172,000. Job growth is expected to be led by services, construction, and manufacturing, while nondurable goods and telecom are seen adding to job cuts. The report could materially shift interest-rate expectations and broader market pricing.
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