Jobs report gives labor market a yellow card
The job market entered the summer with less momentum than looked to be the case just a month ago. Why it matters: Call it a yellow card for the labor market. Thursday morning's employment report doesn't undo three months of stronger hiring, but it does warn that the rebound is less durable than first thought. Hiring has remained concentrated in a handful of industries, leaving fewer opportunities for Americans looking to switch jobs or reenter the workforce. What they're saying: "June's jobs re…




