Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Economy Adds 272,000 Jobs in May, Unemployment Rate Rises to 4% =============== ...
US Economy Adds 272,000 Jobs in May, Unemployment Rate Rises to 4%
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#2140b79c ver:1.93
The US economy added 272,000 jobs in May, exceeding expectations, but the unemployment rate rose to 4%. Wage growth and consumer spending remain positive, but there are concerns about the quality of jobs created and potential inflation. The mixed results will likely keep the Federal Reserve cautious about changing interest rates. President Biden touts the job growth as part of the "great American comeback" but faces criticism about the Republican economic plan. The increase in jobs poses concerns about the labor market overheating and makes it difficult for the Fed to lower interest rates. #jobs #economy #unemployment #wagegrowth #FederalReserve #Biden #inflation...
#newstr #UsJobsReport #Unemployment #WageGrowth #LaborMarket #EconomicExpansion #JoeBiden #CongressionalRepublicans #FederalReserve #DonaldTrump #RepublicanPlan
https://here.news/story/2140b79c?ver=1.93
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#2140b79c ver:1.93
The US economy added 272,000 jobs in May, exceeding expectations, but the unemployment rate rose to 4%. Wage growth and consumer spending remain positive, but there are concerns about the quality of jobs created and potential inflation. The mixed results will likely keep the Federal Reserve cautious about changing interest rates. President Biden touts the job growth as part of the "great American comeback" but faces criticism about the Republican economic plan. The increase in jobs poses concerns about the labor market overheating and makes it difficult for the Fed to lower interest rates. #jobs #economy #unemployment #wagegrowth #FederalReserve #Biden #inflation...
#newstr #UsJobsReport #Unemployment #WageGrowth #LaborMarket #EconomicExpansion #JoeBiden #CongressionalRepublicans #FederalReserve #DonaldTrump #RepublicanPlan
https://here.news/story/2140b79c?ver=1.93