CNN —
Economists don’t believe job gains will fall off a cliff when the Bureau of Labor Statistics releases employment data for June at 8:30 am ET on Friday.
While the monthly job total is expected to show a gradual cooling, it’s still forecast to remain strong and steady: Economists anticipate 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.
The US labor market has held its own despite swirling forces — high inflation, an
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