Veteran economist Larry Kudlow told Newsmax TV‘s Steve Malzberg that the “economy is kind of ambiguous and ambivalent” on the eve of the big monthly jobs report.
The veteran financial guru and former Ronald Reagan adviser didn’t give a specific prediction for Friday’s jobs data.
According to a Reuters survey of economists, non-farm payrolls likely increased by 179,000 last month after May’s 138,000 gain. The unemployment rate is forecast unchanged at 4.3 percent.
“I don’t see any big changes one way or the other. We’re still growing around 2 percent. It’s hard to forecast these monthly jobs reports,” said the radio host of “The Larry Kudlow Show” and author of “JFK and the Reagan Revolution: A Secret History of American Prosperity,” written with Brian Domitrovic and published by Portfolio.