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2025-08-01 14:19:24
[Russell Investments: Non-farm payrolls are expected to add 100,000 new jobs, but employment is still weak but still supports a soft landing] U.S. long-term bond yields rose slightly during the Asian trading session. Analysts surveyed by The Wall Street Journal expect the U.S. non-farm payrolls to add 100,000 jobs in July, compared with 147,000 in June. BeiChen Lin, investment strategist at Russell Investments, said in a report: "As widely expected, the labor market has weakened slightly, which is still consistent with our soft landing outlook." The breadth of job creation will be a key observation point. In recent months, new jobs have begun to be more concentrated in understaffed industries such as healthcare, and the expansion of employment may provide some assurance for the resilience of the economy.
