The US Bureau of Labor Statistics (BLS) reported an addition of 57,000 non-farm payroll jobs in June, well below economists’ forecasts of 113,000. This report also included revisions on May’s labor data, correcting May job gains of 172,000 down to 129,000.
BMO Capital Markets senior economist Jennifer Lee, Morgan Stanley senior portfolio manager Vishal Khanduja, and Annex Wealth Management chief economist Brian Jacobsen come on The Morning Brief to discuss how the Federal Reserve may be interpreting this key set of economic data.
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As a subject matter expert, Brian Jacobsen, Chief Economist at Annex Wealth Management (seen from 1:32 to 2:04) is often interviewed with individuals not affiliated with the firm. Annex Wealth Management does not have control over the content or opinions expressed by these unaffiliated parties.
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