Bloomberg Markets and Finance
04 Jun 2026, 19:19 UTC · 4h ago
What to Expect From the Monthly Jobs Report
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Bloomberg Markets and Finance
04 Jun 2026, 19:19 UTC · 4h ago
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Bloomberg Economics expects the May payrolls report to show a solid increase in employment. — Stronger-than-expected payroll data typically suggests persistent inflation and delays expected central bank interest rate cuts.
-0.60Recent strong employment data in March and April are viewed as a sign of underlying momentum rather than temporary rebounds. — Structural labor market strength increases the likelihood of a 'higher for longer' rate environment, putting pressure on risk assets.
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