Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Hiring and Wage Growth Exceed Expectations, Indicating Sustained Economic Health ...
US Hiring and Wage Growth Exceed Expectations, Indicating Sustained Economic Health
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#2140b79c ver:2.15
The US jobs report for May exceeded expectations, with 272,000 jobs added and robust wage growth. However, the unemployment rate ticked higher to 4% and concerns about inflation have arisen. The report will impact the Federal Reserve's decision on interest rates, and President Biden praised the report while small businesses expressed concerns over high-interest rates. Overall, the report indicates sustained economic health, but there are concerns about job quality and inflationary pressures. #JobsReport #Economy #Inflation #FederalReserve #Biden #SmallBusinesses...
#newstr #UsJobsReport #EconomicHealth #InflationConcerns #FederalReserve
https://here.news/story/2140b79c?ver=2.15
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#2140b79c ver:2.15
The US jobs report for May exceeded expectations, with 272,000 jobs added and robust wage growth. However, the unemployment rate ticked higher to 4% and concerns about inflation have arisen. The report will impact the Federal Reserve's decision on interest rates, and President Biden praised the report while small businesses expressed concerns over high-interest rates. Overall, the report indicates sustained economic health, but there are concerns about job quality and inflationary pressures. #JobsReport #Economy #Inflation #FederalReserve #Biden #SmallBusinesses...
#newstr #UsJobsReport #EconomicHealth #InflationConcerns #FederalReserve
https://here.news/story/2140b79c?ver=2.15