Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Job Growth Remains Moderate in May, Unemployment Rate Steady =============== ...
US Job Growth Remains Moderate in May, Unemployment Rate Steady
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#2140b79c ver:1.4
US job growth remains moderate in May, with 180,000 jobs added and the unemployment rate steady at 3.9%. Wage growth is gradually slowing, signaling a softer labor market. The Federal Reserve is not expected to consider interest-rate cuts based on the report. The US economy is entering a period of slower job growth and softer wage gains. The Biden administration is pushing for additional fiscal stimulus to support the economy. The labor market may have experienced lower payroll gains than previously reported. The potential overestimation is attributed to adjustments made by the Bureau of Labor Statistics. The US labor market is expected to continue to soften in the months ahead. #jobs #economy #unemployment #wages...
#newstr #UsJobsReport #LaborMarket #WageGrowth #FederalReserve #Unemployment
https://here.news/story/2140b79c?ver=1.4
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#2140b79c ver:1.4
US job growth remains moderate in May, with 180,000 jobs added and the unemployment rate steady at 3.9%. Wage growth is gradually slowing, signaling a softer labor market. The Federal Reserve is not expected to consider interest-rate cuts based on the report. The US economy is entering a period of slower job growth and softer wage gains. The Biden administration is pushing for additional fiscal stimulus to support the economy. The labor market may have experienced lower payroll gains than previously reported. The potential overestimation is attributed to adjustments made by the Bureau of Labor Statistics. The US labor market is expected to continue to soften in the months ahead. #jobs #economy #unemployment #wages...
#newstr #UsJobsReport #LaborMarket #WageGrowth #FederalReserve #Unemployment
https://here.news/story/2140b79c?ver=1.4