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For Jobs, We Expect This July to Be Cooler Than Last

Bob Johnson is expecting about 160,000 jobs added, far fewer than a year ago, with smaller increases in local government, construction, and healthcare.

Jeremy Glaser: From Morningstar, I'm Jeremy Glaser. July is often a good month for jobs, but our director of economic analysis, Bob Johnson, thinks we could be a little bit light in 2017. He's here to tell us why.

Bob, thanks for joining me today.