Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Economy Adds 272,000 Jobs in May, Unemployment Rate Rises to 4% =============== ...
US Economy Adds 272,000 Jobs in May, Unemployment Rate Rises to 4%
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#2140b79c ver:1.97
The US economy added 272,000 jobs in May, exceeding expectations, but the unemployment rate rose to 4%. Wage growth and consumer spending remain positive, but concerns about job quality and inflation persist. President Biden touts the report as a sign of economic recovery, while Republicans face criticism for their economic plan. The mixed signals suggest a normalizing job market after pandemic distortions. Overall, the report highlights the complexity of the current economic situation. #USjobs #economy #unemployment #wagegrowth #inflation...
#newstr #UsEconomy #JobMarket #UnemploymentRate #WageGrowth #Inflation #FederalReserve
https://here.news/story/2140b79c?ver=1.97
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#2140b79c ver:1.97
The US economy added 272,000 jobs in May, exceeding expectations, but the unemployment rate rose to 4%. Wage growth and consumer spending remain positive, but concerns about job quality and inflation persist. President Biden touts the report as a sign of economic recovery, while Republicans face criticism for their economic plan. The mixed signals suggest a normalizing job market after pandemic distortions. Overall, the report highlights the complexity of the current economic situation. #USjobs #economy #unemployment #wagegrowth #inflation...
#newstr #UsEconomy #JobMarket #UnemploymentRate #WageGrowth #Inflation #FederalReserve
https://here.news/story/2140b79c?ver=1.97