VIVHY - Wall Street Breakfast: Jobs Jobs Jobs

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Jobs, Jobs, JobsToday's monthly jobs report will provide more clarity on the current economic landscape, with the prior two accounts telling very different stories. Payrolls were forecast to have risen by nearly 1M in April, only to come in at a mere 266K (the biggest downside miss in decades), after the employment number increased by 770K in March, which suggested a strong rebound from the pandemic. Fresh figures for May will shed further light on the true state of the recovery, influencing policymaking on both the fiscal and monetary fronts.By the numbers: Economists expect the report to show that non-farm payrolls increased by 650,000 jobs, marking a significant acceleration from last month's tepid gains. The unemployment rate is also expected to have fallen to 5.9%, from

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Wall Street Breakfast: Jobs, Jobs, Jobs