Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm payrolls numbers, they will show a gain of just 125,000.

Investors are closely watching the May jobs report for any signs of further cooling in the labor market.

Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm payrolls numbers, they will show a gain of just 125,000.

The full effects of massive tariffs likely have not been felt yet, but the job market has clearly slowed.

Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4.2%.

The biggest gains were in healthcare, which added 62,000 jobs, while the economy lost 22,000 federal government jobs.