U.S. June Nonfarm Payrolls Report Awaited as Market Expects 110,000 Job Gains

The U.S. June nonfarm payrolls report is about to be released, with the market expecting an increase of 110,000 jobs, a clear slowdown from the previous reading. According to Jin10, after three consecutive months of strong growth, whether the labor market is beginning to cool has become the central focus. The report also said the divergence between policy and market expectations is widening.