US Jobs Report Shows Slower but Still-Solid Hiring in June
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#894bba84 ver:1.82
US jobs report shows slower but still-solid hiring in June, with an expected addition of 190,000 jobs. Unemployment rate remains at 4%. This deceleration in hiring is welcome news for the Federal Reserve as it seeks to control inflation. Despite signs of economic slowdown, employers are not cutting many jobs and most workers enjoy job security. Fed officials will be watching for signs of easing wage pressures. The moderation in prices confirms the disinflationary trend, and financial markets are optimistic about potential rate cuts. #USjobs #economy #inflation...
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