June Jobs 'Not a Good Number:' Joe Brusuelas on Employment's Outlook

The June jobs report "is not a good number," says Joe Brusuelas, pointing to a 57,000 increase in nonfarm payrolls he considers "barely above breakeven." However, he expects to see "significant upwards revision" to this print once the July numbers come out. He explains where he sees the weakness coming from, how it plays into the Fed's dual mandate, and offers his stance on whether AI is to blame. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about