WASHINGTON (AP) - Concerns are rising that the economic rebound is stalling, but a strong jobs report on Friday would go a long way toward assuaging those fears.
Conversely, a report showing private employers failed to create many jobs in June will amplify worries that the recovery is weakening and won't be strong enough to put many of the 15 million unemployed back to work anytime soon.
Economists will be eyeing private employers, who are forecast to have added 112,000 positions. That would be the sixth straight month of gains and an improvement from a weak showing of 41,000 in May.
But the unemployment rate is forecast to tick up to 9.8 percent from 9.7 percent. The report will be released Friday at 8:30 a.m.