US Economy Shows Resilience Amidst Job Growth and Mixed Financial Performances on Nostr: Mixed Results in May Jobs Report Raise Concerns About Labor Market Cooling ...
Mixed Results in May Jobs Report Raise Concerns About Labor Market Cooling
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#5b769158 ver:0.53
Mixed results in May jobs report raise concerns about cooling labor market. Nonfarm payrolls show robust growth of 272k jobs, but household survey indicates decline in employment. Wage growth steady at 4.1%, unemployment rate ticks up to 4.0%. Job market cooling seen in JOLTS report, with declining job openings and quits rate. Despite this, labor market not collapsing and US economic growth expected to hold up. Bond yields rise, 54% chance of Fed easing in September. CPI report and Fed meeting will provide further insight. Stocks resilient, S&P 500 up 1.3%. #jobsreport #economy #Fed...
#newstr #MayJobsReport #LaborMarket #WageGrowth #Unemployment #FederalReserve
https://here.news/story/5b769158?ver=0.53
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#5b769158 ver:0.53
Mixed results in May jobs report raise concerns about cooling labor market. Nonfarm payrolls show robust growth of 272k jobs, but household survey indicates decline in employment. Wage growth steady at 4.1%, unemployment rate ticks up to 4.0%. Job market cooling seen in JOLTS report, with declining job openings and quits rate. Despite this, labor market not collapsing and US economic growth expected to hold up. Bond yields rise, 54% chance of Fed easing in September. CPI report and Fed meeting will provide further insight. Stocks resilient, S&P 500 up 1.3%. #jobsreport #economy #Fed...
#newstr #MayJobsReport #LaborMarket #WageGrowth #Unemployment #FederalReserve
https://here.news/story/5b769158?ver=0.53