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What to expect in the July jobs report

From cnn.com

The job market may be cooling off, but it probably eked out another respectable month of job growth in July after a surprisingly strong June. Economists polled by Refinitiv estimate the economy added 164,000 jobs last month, with the unemployment rate remaining steady at 3.7%. That would represent a slowdown from the 192,000-job average over the past year, and the 171,000-job average over the past quarter — but more than enough to absorb everyone who enters the labor force in a typical month. Here's where we are more than 10 years into this economic expansion: The unemployment rate has been at or under 4% for 16 ... (full story)

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  • Category: Fundamental Analysis