Unemployment Rate: Jobs and Wall Street

unemployment rate: The government on Friday is expected to report the U.S. created a healthy 169,000 new jobs in June, according to a Market Watch survey of economists, according to Market Watch. The unemployment rate is likely to stick to a 49-year low of 3.6%. Caption outside of wrapper for normal article images Read Robots are coming for your jobs Oregon, Louisiana, Texas have most to lose Such an increase would come as a big relief to investors, businesses and households after a paltry 75,000 gain in May. The U.S. is not stumbling toward recession, but another poor jobs report could trigger a chain reaction on Wall Street and in Washington that reshapes how Americans view the economy. President Trump's economic advisors would also breath easier as they gear up for the 2020 election. See Market Watch Economic Calendar Most economists believe hiring is not nearly as weak as it seemed in May. Another subpar report, however, would add to anxieties about the economy, spur the Federal Reserve to cut interest rates in July and give ammo to Trump's Democratic challengers who contend his trade and other policies have failed. (news.financializer.com). As reported in the news.