07/08/2026
June's jobs report missed expectations, but the broader story is one of balance rather than breakdown. Hiring has slowed, yet low layoffs and a shrinking labor force are keeping conditions steady and wage pressures contained. For the Fed, this remains a "good enough" labor market, supportive of a steady policy path for now.
Get the details in the latest market response from Principal Asset Management℠: https://livesocial.seismic.com/ah6ZPQ