Jobs Loss Forecast: 260k-350k

WANTED is predicting that the Bureau of Labor Statistics will announce 260,000 jobs were lost in June, which would be a huge improvement over the 345,000 lost in May, and an even bigger improvement over the past few months which have seen losses of over half a million jobs.

WANTED, a hiring consultancy, calculated their numbers based on a combination of payroll data and online job ad volume.

Thomson Reuters predicts a decline of 350,000 jobs in June.

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