US Job Gains Ease in June, Reflecting Cooling Labor Market
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#894bba84 ver:2.24
US employers added 206,000 jobs in June, slightly exceeding expectations, indicating a dynamic labor market. Sectors with the most gains were leisure/hospitality, professional/business services, and manufacturing, while retail saw a decline. Unemployment rate rose to 4.1%, but Federal Reserve Chairman believes labor market is balanced. Wage growth slowed, but still rose 3.9% in the past year. The figures could bring the Fed closer to cutting rates, with a 75% chance of a rate cut in September. Biden faces challenges as Americans blame him for high prices....
#newstr #UsJobsGrowth #LaborMarket #WageGrowth #Unemployment
https://here.news/story/894bba84?ver=2.24
Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US /
npub1gf…ux4jv
2024-07-05 15:59:51
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npub1gf7qf7c4ayuyrakj9m89dh2a38mpjzfj94rj5lcm4285svyr4npsuux4jvPublished at
2024-07-05 15:59:51Event JSON
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"content": "US Job Gains Ease in June, Reflecting Cooling Labor Market\n===============\t\n#894bba84 ver:2.24\n\nUS employers added 206,000 jobs in June, slightly exceeding expectations, indicating a dynamic labor market. Sectors with the most gains were leisure/hospitality, professional/business services, and manufacturing, while retail saw a decline. Unemployment rate rose to 4.1%, but Federal Reserve Chairman believes labor market is balanced. Wage growth slowed, but still rose 3.9% in the past year. The figures could bring the Fed closer to cutting rates, with a 75% chance of a rate cut in September. Biden faces challenges as Americans blame him for high prices....\n\n#newstr #UsJobsGrowth #LaborMarket #WageGrowth #Unemployment \n\n https://here.news/story/894bba84?ver=2.24",
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