Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US on Nostr: US Employers Added 206,000 Jobs in June, Reflecting Resilience of Economy ...
US Employers Added 206,000 Jobs in June, Reflecting Resilience of Economy
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#894bba84 ver:2.41
US employers added 206,000 jobs in June, reflecting the resilience of America's consumer-driven economy. The unemployment rate rose slightly to 4.1%, but wage growth slowed down. The mixed employment data could prompt the Federal Reserve to consider rate cuts in September and December. Investors are pricing in a nearly 75% chance of a rate cut in September. The rise in unemployment rates and the onset of a recession historically lead to policy adjustments aimed at stimulating economic growth and mitigating job losses. President Joe Biden faces challenges in convincing the public of his economic policies. The US jobs growth in June exceeded expectations and could bring the US central bank closer to cutting rates later this year....
#newstr #UsEmployers #JobGrowth #UnemploymentRate #FederalReserve #BureauOfLaborStatistics
https://here.news/story/894bba84?ver=2.41
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#894bba84 ver:2.41
US employers added 206,000 jobs in June, reflecting the resilience of America's consumer-driven economy. The unemployment rate rose slightly to 4.1%, but wage growth slowed down. The mixed employment data could prompt the Federal Reserve to consider rate cuts in September and December. Investors are pricing in a nearly 75% chance of a rate cut in September. The rise in unemployment rates and the onset of a recession historically lead to policy adjustments aimed at stimulating economic growth and mitigating job losses. President Joe Biden faces challenges in convincing the public of his economic policies. The US jobs growth in June exceeded expectations and could bring the US central bank closer to cutting rates later this year....
#newstr #UsEmployers #JobGrowth #UnemploymentRate #FederalReserve #BureauOfLaborStatistics
https://here.news/story/894bba84?ver=2.41