A call for employment sign is displayed at a Taco Bell on March 10, 2023 in Austin, Texas. Unemployment has slightly increased up to 3.6 percent.It's the first Friday of a new month, and that meansfrom the Labor Department. The June readout of nonfarm payrolls will drop at 8:30 a.m. ET and is likely to reflect a job market that's still hot. Economists polled by Dow Jones expect job gains of 240,000 and an unemployment rate of 3.6%. The U.S.
"US Treasury Secretary Janet Yellen arrives at Beijing Capital International Airport in Beijing on July 6, 2023.U.S. Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang in Beijing on Friday,to protect its national security as the countries ratchet up trade controls on each other. "The United States will, in certain circumstances, need to pursue targeted actions to protect its national security," Yellen said Friday, according to prepared remarks.
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Payrolls report Friday likely to show a jobs market that is still hotThe consensus estimate is that payrolls rose by another 240,000 in June and the unemployment rate is projected to nudge lower to 3.6%.
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