What the June Jobs Report Tells Us About the U.S. Economy

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What the June Jobs Report Tells Us About the U.S. Economy
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Which industries gained and shed workers in the first half of the year will offer key signals about what comes next

Friday’s jobs report holds critical clues to the durability of the longest economic expansion in U.S. history. Hiring has downshifted in recent months, raising concerns of a slowdown after a decade of growth.

The unemployment rate has dipped to a 50-year low and weaker payroll growth could be a sign there are fewer workers to hire. The latest batch of employment data, expected Friday at 8:30 a.m. ET, will help sort out crosscurrents, from resilient consumers to brittle manufacturing. Here is what to watch in the Labor Department’s June jobs report:

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