June's job numbers are out. America's employers created 206,000 jobs last month, 12,000 fewer than in May, but still a very resilient figure given higher interest rates. However, some investors will focus on the 4.1% unemployment rate, its highest level since October 2021. It’s hard to know what this means for interest rates.
Meanwhile, I hope everyone had a nice Fourth of July celebration. For the final day of the workweek, markets are back to normal trading hours.
