S&P 500 Earnings: June Payroll Report Next Friday

Brian Gilmartin, CFA
10.9K Followers
(3min)

Summary

  • It’s labor force data week, with JOLTS due out Tuesday, ADP out on Wednesday, jobless claims out Thursday and the all-important June nonfarm payroll report will be out Friday.
  • The unemployment report has risen from a low of 3.2% post-pandemic to 4% as of last month.
  • The forward 4-quarter estimate slipped a little this week to $252.85 from last week's $253.84.

analyzing stocks

Marilyn Nieves

Thanks to the above table from Briefing.com, it’s labor force data week, with JOLTS due out Tuesday morning, ADP Wednesday morning, jobless claims due out Thursday morning and then the all-important June nonfarm payroll report will be out Friday morning, July 5th

This article was written by

10.9K Followers
Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xavier University, Cincinnati, Ohio, (1982) and an MBA (Finance) from Loyola University, Chicago, January, 1985. The CFA was awarded in 1994. Brian has been fortunate enough to write for the TheStreet.com from 2000 to 2012, and then the WallStreet AllStars from August 2011, to Spring, 2012. Brian also wrote for Minyanville.com, and has been quoted in numerous publications including the Wall Street Journal.

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