Economic Preview: U.S. forecast to add 180,000 jobs in June, but don’t be surprised if hiring falls short

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If you build it they will come: The eight-year-old economic expansion is keeping workers especially busy these days. In June, the unemployment rate fell to a 16-year low of 4.3%.

WASHINGTON (MarketWatch)—The steady-as-she-goes U.S. economy is still creating plenty of new jobs, but as the expansion enters its ninth year the pace of hiring has clearly let up.

Here’s what to watch in the June employment report due Friday morning.

Point of diminishing returns

The nation’s top forecasters predict the economy added 180,000 new jobs last month, but don’t be surprised if hiring falls short of Wall Street’s target.

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