 The last report from May showed an increase of 272,000 jobs. While April was under 200,000 jobs produced, March was another hot month with over 300,000 jobs reported. For June, predictions are again under the 200,000 mark. For a while now, low unemployment numbers have reigned, a tight labor market often cited as a contributing factor to inflation. But Morningstar also reports that hourly wage growth is expected to decline, but only by 0.1%. And that's a trajectory analysts say is good for cooling inflation.