It’s the working man who is the happy man, Benjamin Franklin observed some 200 years ago.
It’s an assessment that applies equally well to large groups and systems, such as the U.S. economy. And the latest employment data, slated to be published by the U.S. Labor Department on Friday, July 7, will show how content one of America’s founders might consider the country to be today.
Employers probably added 179,000 positions during June, the consensus of economists surveyed by FactSet, with unemployment remaining at 4.3%, the lowest in 16 years.
