U.S. needs a good jobs report and Wall Street forecasts one: 185,000 new jobs, 3.6% unemployment rate
June 06, 2019 at 12:37 PM EDT
The labor market has been a bedrock for the economy during destabilizing trade fights with China and other countries, but it needs to stay strong to help the U.S. stave off the first recession in a decade. The economy likely added 185,000 new jobs in May, keeping the U.S. unemployment rate at nearly 50-year low of 3.6%.
