Framing Analysis
The U.S. Labor Department will issue its June employment report on Thursday, with economists forecasting 100,000 new jobs and a 4.3% unemployment rate. Recent monthly job gains have averaged 188,000 from March through May after losses earlier in the period, while inflation stands at 4.2%. ADP data separately showed 98,000 private-sector jobs added in June with 4.4% annual pay growth.