Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US on Nostr: US Employers Add 206,000 Jobs in June, Reflecting Resilience of Consumer-Driven ...
US Employers Add 206,000 Jobs in June, Reflecting Resilience of Consumer-Driven Economy
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#894bba84 ver:2.38
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 and cooler wage growth 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 labor market is showing signs of slowing down, and the report suggests a slackening labor market. The report indicates that the labor market is chugging along for now, but evidence is mounting that it could slow down and potentially stall. The timing and extent of any future rate cuts remain uncertain. #jobs #economy #unemployment #wages #FederalReserve #inflation...
#newstr #UsLaborMarket #UsEconomy #JobMarket #UnemploymentRate #FederalReserve #Gdp #ConsumerSpending #Inflation #JobOpenings
https://here.news/story/894bba84?ver=2.38
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#894bba84 ver:2.38
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 and cooler wage growth 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 labor market is showing signs of slowing down, and the report suggests a slackening labor market. The report indicates that the labor market is chugging along for now, but evidence is mounting that it could slow down and potentially stall. The timing and extent of any future rate cuts remain uncertain. #jobs #economy #unemployment #wages #FederalReserve #inflation...
#newstr #UsLaborMarket #UsEconomy #JobMarket #UnemploymentRate #FederalReserve #Gdp #ConsumerSpending #Inflation #JobOpenings
https://here.news/story/894bba84?ver=2.38