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Here’s What To Expect From This Week’s Jobs Report
Jobseekers wait to speak with recruiters during a job fair in Dallas, Texas, on Wednesday, July 29.Credit: Dylan Hollingsworth / Bloomberg via Getty ImagesKey TakeawaysEconomists expect U.S. employers to add 83,000 jobs in July, up from June’s 57,000.The unemployment rate is forecast to hold at 4.2%, a level driven as much by a shrinking labor force as by steady hiring.A jobs report showing a steady labor market could free the Federal Reserve to focus more on inflation.The labor market likely stayed stable in July, if economists’ forecasts prove true later this week.The Bureau of Labor…
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