June payrolls preview: The job market continues to hum along
Cooling but not coolWe forecast nonfarm payrolls rose by a solid 200k in June, a 72k decline from the 272k
应用介绍
Cooling but not cool
We forecast nonfarm payrolls rose by a solid 200k in June, a 72k decline from the 272k
print in May and about 50k lower than the trailing three-month average. Public sector
hiring should rise 30k on the back of local employment. Hence, we see private payrolls
rising by 170k. Education & healthcare hiring should remain robust. A slight slowdown in
hiring is likely to result in the unemployment rate remaining at 4.0, while wage
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