It’s jobs day, and we’re about to see whether the US economy’s recent strong run of job growth continued through May.
The Bureau of Labor Statistics will release new data at 8:30 a.m. ET, which is expected to show steady unemployment at 4.3% and job growth of 85,000 in May. If the report matches or beats that projection, it’ll be the third month of healthy results in a row after March’s 185,000 jobs added and April’s 115,000. The new figures will be published just under two weeks before the new Fed Chair Kevin Warsh’s first interest rate decision.
Check back here throughout the morning for new posts on how the US job market has been looking and what we learn from the new estimates.
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