Here's What to Expect From Friday's Jobs Report
The June jobs report is likely to confirm that May's dismal employment numbers were a fluke, according to one analyst. The economy added 38,000 jobs, missing expectations of 158,000 in May. The consensus estimate for Friday's June report stands at 180,000. Simon Smith, chief economist of FxPro, based in London, expects a triple-digit headline payrolls figure on Friday, confirming the May numbers were an aberration. The ADP Employment report, released Thursday, showed 172,000 private sector jobs were added in June. The ADP figures tend to align with the official report from the government, though that didn't happen in May. The ADP report showed 168,000 private sector jobs were created in May, far from the Bureau of Labor Statistic's reading of 38,000. TheStreet's Scott Gamm reports from Wall Street.









