Skip to main content

Employment growth slowing, but no sign of collapse

We forecast that payroll employment growth slowed fairly sharply in June, but remained solid at 250,000. That should be enough to keep the Fed on track for another 75bp rate hike in July.

Payrolls Drop-In (8th July, 10:00 ET/15:00 BST): Our US team will be briefing on the latest employment report, answering your questions as they address key issues including the inflation outlook, the Fed’s plans and the recession question. Register now.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access