US Job Market Adds 206,000 Jobs in June Despite High Rates
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#894bba84 ver:1.91
Despite high rates, the US job market added 206,000 jobs in June, surpassing expectations. However, the unemployment rate rose to 4.1%, the highest since October 2021. The Federal Reserve will use this data to determine if the economy is ready for interest rate cuts. The US economy has been experiencing a slowdown, with GDP growing at a slow pace of 1.4% in Q1 2024. Wage growth remains sufficient, indicating a relatively strong labor market. The jobs report is crucial for the upcoming presidential election. #USjobs #economy #unemployment #FederalReserve #GDP #wagegrowth...
#newstr #UsLaborMarket #JuneJobsReport #Hiring #UnemploymentRate #FederalReserve #Inflation #Economy
https://here.news/story/894bba84?ver=1.91
Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US /
npub1gf…ux4jv
2024-07-05 12:55:44
Author Public Key
npub1gf7qf7c4ayuyrakj9m89dh2a38mpjzfj94rj5lcm4285svyr4npsuux4jvPublished at
2024-07-05 12:55:44Event JSON
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"content": "US Job Market Adds 206,000 Jobs in June Despite High Rates\n===============\t\n#894bba84 ver:1.91\n\nDespite high rates, the US job market added 206,000 jobs in June, surpassing expectations. However, the unemployment rate rose to 4.1%, the highest since October 2021. The Federal Reserve will use this data to determine if the economy is ready for interest rate cuts. The US economy has been experiencing a slowdown, with GDP growing at a slow pace of 1.4% in Q1 2024. Wage growth remains sufficient, indicating a relatively strong labor market. The jobs report is crucial for the upcoming presidential election. #USjobs #economy #unemployment #FederalReserve #GDP #wagegrowth...\n\n#newstr #UsLaborMarket #JuneJobsReport #Hiring #UnemploymentRate #FederalReserve #Inflation #Economy \n\n https://here.news/story/894bba84?ver=1.91",
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