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Data on Deck: Jobs
MONDAY, JUNE 1 ISM
TUESDAY, JUNE 2 Job openings April 6.9 million
WEDNESDAY, JUNE 3 8:15 am ADP employment
THURSDAY, JUNE 4 8:30 am Initial jobless claims
FRIDAY, JUNE 5 U.S. employment report
JPMorgan sees 75k jobs being added, versus the Street’s estimate of 85k and 115k jobs in the prior print. For the unemployment rate (U.3) it sees 4.3% vs. 4.3% prior. For Average Hourly Earnings, +0.3% MoM and +3.4% YoY.
The market should be muted in its reaction given the iran war news headline dominance
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Charts and Final Market Check:
