When the U.S. Labor Department releases the June employment report on Friday, it will tell us whether job growth is improving.
Last year (when President Barack Obama was still in office), monthly jobs creation averaged nearly 187,000. So far in 2017, as President Donald Trump has occupied the White House, the economy has added an average of 162,000 a month, slowing even more abruptly in the past three months. Not only was the May nonfarm payrolls number of 138,000 jobs weaker-than-expected, but there were downward revisions for both April and March.
The market is currently expecting Friday's jobs report from the Labor Department to show 172,000 jobs were added to nonfarm payrolls in June, according to Reuters.
Thursday's ADP report, which measures private-sector job creation, showed that 158,000 private-sector jobs were created last month, below expectations of 185,000.
Aside from the headline number, here are four key things to watch for in Friday's jobs report: