Lower unemployment claims, a convergence with ADP data trends, and milder seasonal adjustment factors could modestly boost July's BLS job data above consensus, say Morningstar's Bob Johnson and Vishnu Lekraj .
Although July's employment report looked better than recent months, the year-over-year growth trend is still range-bound. Morningstar's Bob Johnson and Vishnu Lekraj outline what might help in the last five months of the year.
Following a solid December employment report, average monthly job growth in 2013 could accelerate, but not by much, say Morningstar's Bob Johnson and Vishnu Lekraj .
Recent positive data in employment is more than an anomaly, say Morningstar's Bob Johnson and Vishnu Lekraj .
July's better-than-expected employment report is a sign that the U.S. economy is not slipping into recession, but robust growth is still nowhere to be found, say Morningstar's Bob Johnson and Vishnu Lekraj .
Lack of demand and investment elsewhere is keeping large companies on the hiring sidelines, say Morningstar's Bob Johnson and Vishnu Lekraj . Get their forecast for Friday's employment report.
Morningstar's Bob Johnson and Vishnu Lekraj see plenty of evidence that February's jobs report will continue the strong trend, but some headwinds remain.
Companies' hiring plans are in a holding pattern over concerns about commodity inflation, global and political uncertainty, and corporate profitability, say Morningstar's Bob Johnson and Vishnu Lekraj .
A positive June ADP report shows job growth recovering from a disappointing May, but don't expect much acceleration from earlier levels, say Morningstar's Bob Johnson and Vishnu Lekraj .
Although there might be a few pockets of strength in July's employment report, the job-growth engine is likely still in neutral, according to Morningstar's Bob Johnson and Vishnu Lekraj .