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5 Things to Watch in the June Jobs Report
1. Recovery Milestone The June jobs report will give a snapshot of the labor market six years after the start of the current economic expansion. Since U.S. employment touched a recent low in February 2010, employers have added 12 million jobs. U.S. employment has increased for 56 straight months, despite a rocky expansion that’s featured three quarterly contractions. 2. Wage Pickup Wages grew faster in May from a year earlier than they have in almost two years, a sign that worker pay may finally be starting to pick up. Wage growth had been tepid throughout much of the recovery, despite strong job gains and a ... (full story)
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