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Wall Street takes heed of the June employment report today. The closely watched measure of jobs and wage growth will be used to show whether the economy is still in a period of slower growth and low inflation.

Economic Data

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Forecasts are from

Reuters

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. Times are Eastern. For a longer-term economic calendar and more, see

TSC's

Economic Databank.

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  • 8:30 a.m.: Nonfarm payrolls for June. Source: Labor Department. Forecast: +263,000. Previous: +231,000.
  • 8:30 a.m.: Unemployment rate for June. Forecast: 4.0%. Previous: 4.1%.
  • 8:30 a.m.: Average hourly earnings for June. Forecast: +0.4%. Previous: +0.1%.
  • 8:30 a.m.: Average workweek for June. Forecast: 34.5 hours. Previous: 34.4 hours.
  • 9:40 a.m.: Future Inflation Gauge for June. Source: Economic Cycle Research Institute. Forecast: N/A. Previous: 122.7.