Goldilocks Labor Market? Weekly Update 7-6-15

Kenneth McCarthy

VP, America Head of Applied Research

Phone +1 212 698-2502

Contact me

U.S. payroll employment rose by 223,000 jobs in June with strong job growth in office-using, retail and trade and transportation suggesting rising demand for commercial real estate.

However, earnings did not increase in the month and the annual rate of growth remains lackluster.

markets are not quite in the “goldilocks zone” but getting close.