Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US on Nostr: Revised US Job Report Raises Concerns About Economic Outlook =============== ...
Revised US Job Report Raises Concerns About Economic Outlook
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#894bba84 ver:2.65
The US job market added 206,000 jobs in June, exceeding expectations, but the unemployment rate increased slightly to 4.1%. The weakening jobs market could support the case for the Federal Reserve to cut interest rates. Job growth was narrowly based, with gains in government, healthcare, and social assistance, while professional services and retail saw declines. The Biden-Harris administration emphasized their track record of job creation, with 15.7 million jobs created during their tenure. However, concerns arise as the Bureau of Labor Statistics revised downward job growth figures for the first five months of 2024, indicating a potential economic downturn. Consumer confidence is rising, but the housing market remains unaffordable. #USjobs #economy #unemployment #FederalReserve #jobgrowth #BidenHarris #economicdownturn #consumerconfidence #housingmarket...
#newstr #UsJobMarket #UnemploymentRate #GovernmentJobs #Healthcare #SocialAssistance #Construction #ConsumerConfidence #HousingMarket #BureauOfLaborStatistics #JobGrowth #EmploymentData #EconomicDownturn #ParttimeJobs
https://here.news/story/894bba84?ver=2.65
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#894bba84 ver:2.65
The US job market added 206,000 jobs in June, exceeding expectations, but the unemployment rate increased slightly to 4.1%. The weakening jobs market could support the case for the Federal Reserve to cut interest rates. Job growth was narrowly based, with gains in government, healthcare, and social assistance, while professional services and retail saw declines. The Biden-Harris administration emphasized their track record of job creation, with 15.7 million jobs created during their tenure. However, concerns arise as the Bureau of Labor Statistics revised downward job growth figures for the first five months of 2024, indicating a potential economic downturn. Consumer confidence is rising, but the housing market remains unaffordable. #USjobs #economy #unemployment #FederalReserve #jobgrowth #BidenHarris #economicdownturn #consumerconfidence #housingmarket...
#newstr #UsJobMarket #UnemploymentRate #GovernmentJobs #Healthcare #SocialAssistance #Construction #ConsumerConfidence #HousingMarket #BureauOfLaborStatistics #JobGrowth #EmploymentData #EconomicDownturn #ParttimeJobs
https://here.news/story/894bba84?ver=2.65