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June Jobs Report

Making Sense

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The June Jobs Report

JPMorgan's Sam Azarello and Michael Ferali talk about the June Jobs Report. The big picture we see here is a job market that continues to very gradually cool. Labor market is still tight, but it does look like we may be moving into a better supply demand balance for the labor market. In terms of the Fed, we do think there wasn't enough news in today's report to alter them from what seems to be an intention to hike at the July meeting.

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