U.S. jobs report expected to show 150,000 increase in May payrolls.

U.S. jobs report expected to show 150,000 increase in May payrolls.

Latest weeks claims hit one-month low, calming fears of labor market setback.

Latest weeks claims hit one-month low, calming fears of labor market setback.

365,000 reading in latest week is lowest in a month.

Increase is lowest in five months; jobless rate declines to 8.2%.

Challenger says planned firings in the U.S. hit a 10-month low of 37,800.

Challenger says planned firings in the U.S. hit a 10-month low of 37,800.