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Economists expect the US added 3 million jobs. Here's what to watch in Thursday's report.

From businessinsider.com

Businesses in June likely continued to hire as most states across the US went forward with reopening plans following coronavirus-pandemic lockdowns earlier in the year. Economists surveyed by Bloomberg expect that the US economy added 3 million jobs in June after adding 2.5 million in May, and that the unemployment rate declined to 12.5%. The report is due Thursday, instead of the usual first Friday of the month, because of the Independence Day holiday. If the report is in line with expectations, it will mark the second month of employment gains and unemployment declines since the US shed a record 20.5 million jobs ... (full story)

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  • Category: Fundamental Analysis