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2024-07-05 07:00:58

npub1gf…ux4jv on Nostr: US Labor Market Slows Down as June Jobs Report Points to Slower but Still-Solid ...

US Labor Market Slows Down as June Jobs Report Points to Slower but Still-Solid Hiring
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#894bba84 ver:1.79

US labor market slows down as June jobs report shows slower but still-solid hiring. Employers likely added 190k jobs, down from 272k in May. Unemployment rate remains at 4%. This is welcome news for the Fed as it seeks to control inflation. Despite signs of economic slowdown, employers are not cutting many jobs. Jobs report important for Americans ahead of November election. #USjobs #economy #Fed...

#newstr #UsJobsReport #Hiring #FederalReserve #Inflation #EconomicSlowdown #Gdp #ConsumerSpending #WagePressures #PresidentialElection

https://here.news/story/894bba84?ver=1.79
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