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ADP Employment Report Shows 179K New Jobs Added in US Private Sector /
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2024-07-02 14:54:31

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:0.26

Despite higher interest rates, US job openings rose to 8.1 million in May, showing the resilience of the labor market. However, concerns arise as full-time employment falls and part-time employment for economic reasons rises, raising questions about the overall health of the labor market. The Federal Reserve will closely monitor the upcoming CPI release and FOMC decision to assess the impact on market sentiment and the likelihood of future rate cuts. The US labor market remains healthy, allowing consumer spending and the broader economy to continue despite higher borrowing costs. #USjobs #economy #interestrates...

#newstr #UsJobOpenings #InterestRates #LaborMarket #FederalReserve #Inflation #Unemployment #Economy

https://here.news/story/f15ab276?ver=0.26
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