Jobs week is coming up in the US, with a whole slate of indicators on the state of the labor market culminating on Friday with the government’s official report on employment for the month of May.
The median estimates in a Bloomberg survey of economists see the unemployment rate holding steady at 4.3% while payrolls rise by 89,000, an increase that would bring the three-month average to the highest in more than a year and stir chatter about a more durable acceleration in hiring.
