After a shocking May jobs report, economists, employment experts and market analysts were eagerly awaiting the June numbers, delayed a week due to the July 4th holiday. This is the first BLS jobs report to come out after the Brexit vote sent markets into a panic, though its data was gathered during the lead up to the vote.
And although American firms don’t hire and fire based on UK politics, the increasing reliance on nonfarm payroll hiring numbers as an economic market, made many analysts argue that this June BLS report would be an important signal as to how the US economy is faring and what impact it would have on a shaken global economy.
