Before the Open (Jul 2)

Good morning. Happy Thursday. Happy Employment Numbers Day.

No write-up this morning, but here are the employment numbers.
Here are the employment numbers…

unemployment rate: 5.3% (was 5.5% last month)
nonfarm payrolls: +223K (was +280K last month) –
private payrolls:
average workweek: unchanged at 34.5 hours (flat)
hourly wages: up $24.95 (flat)
labor participation rate: down to 62.6% (was 62.8%)
April job gain trimmed from 221K to 187K.
May job gain lowered from 280K to 254K.