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ADP Employment Report Shows 179K New Jobs Added in US Private Sector /
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2024-07-02 18:58:31

ADP Employment Report Shows 179K New Jobs Added in US Private Sector on Nostr: US Job Openings Rise to 8.1 Million Despite Higher Interest Rates =============== ...

US Job Openings Rise to 8.1 Million Despite Higher Interest Rates
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#f15ab276 ver:0.34

Despite higher interest rates, job openings in the US rose to 8.1 million in May, beating expectations. The labor market remains resilient, with steady hires and separations. However, concerns arise as full-time employment falls and part-time employment rises. The US Nonfarm Payrolls report for June is expected to show slower job growth, reflecting a softening labor market. The Federal Reserve will closely monitor the report for confirmation of slowing inflation. The US labor market remains healthy, allowing consumer spending and the broader economy to continue. #jobs #economy #interestrates #inflation...

#newstr #UsJobMarket #InterestRates #LaborMarket #Inflation

https://here.news/story/f15ab276?ver=0.34
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