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June Job Estimates: 90K Jobs Added

Details

Description
FBN’s Diane Macedo with a futures update and predictions for the number of jobs added in June.
Duration 1:01
Date Jul 6, 2012

This transcript is automatically generated

Good morning everyone will get a look at the June's job picture in just a few minutes the economy's estimated to have that -- 90000 jobs last month.

-- be an increase over -- 69000.

Which was the fourth straight month of slowing job growth.

Is -- -- that Jens number will be enough to move the unemployment rate which is expected to hold at eight point 2%.

Besides those numbers will also be watching a key data point.

The labor force participation rate that shows the percentage of working age Americans who have jobs or are looking for them.

That number rose slightly in May to 63 point 8%.

If it off that's -- -- more people you aren't interested in finding a job or are too discouraged to look.

Fox Business is rich ads in will be at the Labor Department to give -- the news as it breaks.

Let's take a look at -- now ahead of that report we've been seeing red arrows across the board all morning.

Dow futures now down by thirteen the S&P down by three and same goes for the NASDAQ Imus in the morning continues right now yeah.