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Mixed Results in Unemployment Rates for Arkansas, Illinois, Russia, and the US /
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2024-07-08 15:01:34

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:2.58

The US job market added 206,000 jobs in June, beating expectations, but the unemployment rate rose to 4.1%. Government, healthcare, and construction sectors saw gains, while professional services and retail experienced declines. Average hourly earnings grew by 0.3% for the month. The labor force participation rate increased, but long-term unemployment also rose. The Federal Reserve may consider cutting interest rates in response to the cooling job market. Despite the positive job growth, Republicans have been ignoring these developments. Experts believe the economy is experiencing a soft patch rather than a recession. #Jobs #Unemployment #Economy...

#newstr #UsJobMarket #Employment #UnemploymentRate #LaborForceParticipationRate #GovernmentEmployment #AverageHourlyEarnings #FederalReserve #MonetaryPolicy

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