Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US on Nostr: US Job Market Adds 206,000 Jobs in June, Unemployment Rate Climbs to 4.1% ...
US Job Market Adds 206,000 Jobs in June, Unemployment Rate Climbs to 4.1%
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#894bba84 ver:2.61
The US added 206,000 jobs in June, surpassing expectations, but the unemployment rate climbed to 4.1%. Job growth was seen in government, healthcare, and construction sectors, while professional services and retail saw declines. Despite the increase in job growth, the weakening jobs market could support the case for the Federal Reserve to cut interest rates. The US is on track to produce roughly 2.7 million new jobs this year, exceeding every year of the Trump era. Experts believe the job market is cooling but remains resilient. The stability of the unemployment rate in the face of high job growth is attributed to short-run dynamics and immigration. #USjobs #economy #unemployment...
#newstr #UsJobMarket #Employment #UnemploymentRate #LaborForceParticipationRate #GovernmentEmployment #AverageHourlyEarnings #BreakevenEmploymentGrowth #RateCuts #Midf
https://here.news/story/894bba84?ver=2.61
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#894bba84 ver:2.61
The US added 206,000 jobs in June, surpassing expectations, but the unemployment rate climbed to 4.1%. Job growth was seen in government, healthcare, and construction sectors, while professional services and retail saw declines. Despite the increase in job growth, the weakening jobs market could support the case for the Federal Reserve to cut interest rates. The US is on track to produce roughly 2.7 million new jobs this year, exceeding every year of the Trump era. Experts believe the job market is cooling but remains resilient. The stability of the unemployment rate in the face of high job growth is attributed to short-run dynamics and immigration. #USjobs #economy #unemployment...
#newstr #UsJobMarket #Employment #UnemploymentRate #LaborForceParticipationRate #GovernmentEmployment #AverageHourlyEarnings #BreakevenEmploymentGrowth #RateCuts #Midf
https://here.news/story/894bba84?ver=2.61