US: Preview of June Unemployment

On July 2nd US June unemployment and non farm payrolls will be released. June unemployment is expected to rise 0.2% to 9.6%. This would be the highest level for US unemployment in 26 years but a smaller monthly rise than in the past few months. Non farm payrolls are expected at - 368k.In May, the US lost fewer jobs than forecast as non farm payrolls fell by 345k.The trade had expected a non farm payrolls loss of 520k.The 345k decline in May non farm payrolls was the smallest since last