Look for Workers to Rejoin Labor Force in Next Week's Jobs Report

With the U.S. non-farm payrolls report for May approaching next week, RealMoney Pro contributor Chris Versace explains what the most important aspects of the report will be.
Author:
Publish date:

With the U.S. non-farm payrolls report for May approaching next week, RealMoney Pro contributor Chris Versace explains what the most important aspects of the report will be. While it will be desirable to see more job creation, Versace says it will be key to see Americans rejoin the labor force after dropping out of it in April, and improved average hourly wages. He reveals what other important economic data he'll be watching next week, including the ISM index, construction spending and factory orders, and also weighs in on whether announcements made at Apple's Worldwide Developers Conference could be potential catalysts for the stock.