Economics
U.S. Payrolls Probably Picked Up in Sign Economy Rebounding
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Employers in the U.S. probably added more workers in June than the prior month, indicating the labor market may be poised to pick up in the second half, economists said before a report today.
Payrolls rose by 105,000 workers after a 54,000 increase in May that was the smallest in eight months, according to the median of 85 estimates in a Bloomberg News survey. The projected gain probably failed to reduce the jobless rate, which economists forecast held at 9.1 percent.