The economy is pumping out plenty of new jobs and there’s little reason to expect hiring to dry up. The big surprise is that wages are still rising slowly despite the best labor market in more than a decade.
Here’s what to watch in Friday’s employment report for July. The report will be issued at 8:30 a.m. Eastern.
The beat goes on
The economy probably added about 175,000 new jobs in July, roughly the same amount the U.S. has created each month since the start of 2017, economists polled by MarketWatch estimate.