|Published:||Jul 02, 2010 11:08 AM EDT|
|Updated:||Jul 02, 2010 8:09 AM EDT|
WASHINGTON (AP) - Concerns are rising that the economic rebound
is stalling, but a strong jobs report on Friday would go a long way
toward assuaging those fears.
Conversely, a report showing private employers failed to create
many jobs in June will amplify worries that the recovery is
weakening and won't be strong enough to put many of the 15 million
unemployed back to work anytime soon.
Economists will be eyeing private employers, who are forecast to
have added 112,000 positions. That would be the sixth straight
month of gains and an improvement from a weak showing of 41,000 in
But the unemployment rate is forecast to tick up to 9.8 percent
from 9.7 percent. The report will be released Friday at 8:30 a.m.