FIRST AIRED: June 3, 2016

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00:00:00
however market losing some momentum in the month of june after a big snapback the month before and that may put the fed on hold on reuters reported calmly gigs in new york the labor department announced on thursday that two hundred twenty three thousand new jobs were created in the month of june that number was weaker than expected the unemployment rate dropping from five and a half percent to five point three percent that sounds like good news right but not so much a lot of that drop had to do with the number of people leaving the workforce in another sign of a somewhat lackluster labor market average hourly earnings were flat that means paychecks did not get bigger income growth has been the missing link in this recovery so what's the takeaway here , federal reserve , so , of a september rate , off of the table some , that won't hike rates , just got a whole lot bigger