Friday's jobs report could be telling as recession worries mount
CNN
Economic uncertainty and recession fears have yet to take the shine off a robust labor market, but investors and Fed officials will be carefully parsing the details of Friday's jobs report.
The monthly government employment snapshot from the Bureau of Labor Statistics is expected to show continued strength -- smaller, but still significant, job gains of around 272,700 and an unemployment rate holding at 3.6%, according to estimates from Refinitiv.
The report is coming on the heels of a mixed bag of recent employment data: The latest Job Openings and Labor Turnover Survey, released on Wednesday, showed there were 11.3 million job openings in May, or 1.9 positions for every job seeker, and historically low levels of layoffs.
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