It’s going to be Payrolls Thursday this time, instead of the usual Payrolls Friday, because July 3 will be a holiday in observance of Independence Day. The Labor Department will release the U.S. jobs report for June at 8:30 a.m. in Washington.
Payrolls rose by 233,000 last month, according to the median forecast of economists surveyed by Bloomberg. Employers added 280,000 workers in May. The jobless rate, derived from a separate survey of households, fell to 5.4 percent, matching the lowest since 2008, economists projected. Here’s what else to watch for in the figures:
Wages will get top billing as they finally show signs of firming, eliminating a remaining weak spot of the job-market rebound, according to economists at Jefferies LLC and Moody’s Analytics Inc.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.