Tomorrow we get the U.S. Labor Department's Job Numbers. If you believe the ADP numbers, things are not looking good. We will see.
(New York, NY)--The nation's economy created only 102-thousand new private payroll jobs in June.
That's well below analysts' forecast and not a terribly big improvement over May's weak growth of just 41-thousand jobs. The sluggish growth sets the stage for what could be another set of disappointing numbers Friday, when the more widely watched Labor Department report on jobs and unemployment comes out. Economists expect to see 165-thousand new jobs after May's disappointing total of 75-thousand.
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