finance
Labor Department to Release June Jobs Report at 8:30 a.m. ET
Forecasters expect U.S. employers added about 110,000 jobs in June with the unemployment rate holding at 4.3 percent. The report follows three months of hiring gains after a February decline.
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The Labor Department will release its monthly employment report at 8:30 a.m. ET today. Consensus estimates project 110,000 jobs added in June and an unemployment rate unchanged at 4.3 percent. Hiring had rebounded after a February decline of 156,000 jobs. The department previously reported gains of 214,000 in March, 179,000 in April, and 172,000 in May.
Average hourly earnings rose 3.4 percent in May while consumer prices increased 4.2 percent over the same period. The new report will show whether wage growth continued to lag price increases.
Stronger hiring figures could increase the likelihood of one or more hikes in 2026.
Job openings rose to 7.594 million in May from a revised 7.585 million in April. Small-business job growth improved for the fourth consecutive month in June, according to Paychex data covering firms with fewer than 50 employees.
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