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Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US /
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2024-07-05 17:59:00

Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US on Nostr: US Economy Adds 206,000 Jobs in June, Exceeding Expectations =============== ...

US Economy Adds 206,000 Jobs in June, Exceeding Expectations
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#894bba84 ver:2.31

The US economy added 206,000 jobs in June, exceeding expectations and reflecting the resilience of the consumer-driven economy. However, wage growth slowed and the unemployment rate rose slightly. The mixed employment data could prompt the Federal Reserve to consider rate cuts in September and December. President Biden faces challenges in convincing the public of his economic policies amid high prices. Investors are pricing in a nearly 75% chance of a rate cut in September. #USjobs #economy #FederalReserve #unemployment #wagegrowth...

#newstr #UsEconomy #JobGrowth #BureauOfLaborStatistics

https://here.news/story/894bba84?ver=2.31
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