Halister News

(Bloomberg) -- Non-farm payrolls seen at +180k in June vs +38k in May (forecast range +50k to +243k); May increase was smallest since Sept. 2010.

• “Modest rebound in-line with a three-month moving average to just above 100k will not persuade the Fed to deliver the next rate hike": Bloomberg Intelligence
• Unemployment rate seen at 4.8% last month vs 4.7% prior month (forecast range 4.7% to 4.9%); tracks number of unemployed as percentage of labor force; May unemployment lowest since Nov. 2007
• Average hourly earnings est. +0.2% m/m in June, same as May (forecast range +0.1% to +0.3%)