Jobs report could show a slowing trend and be the lever the Fed needs to cut rates

Ten years into the recovery, the economy’s ability to create new jobs may be slowing both because the U.S. is running out of workers, and also because the trade war may be worrying employers.

Economists expect to see 165,000 jobs were added in June, after a stunningly low 75,000 payrolls added in May, according to Dow Jones. But a soft ADP report Wednesday, with just 102,000 new private payrolls dampened expectations for the government’s June payroll report, which will be released Friday.