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US Economy Shows Resilience Amidst Job Growth and Mixed Financial Performances /
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2024-06-08 01:00:11

US Economy Shows Resilience Amidst Job Growth and Mixed Financial Performances on Nostr: US Labor Market Shows Strong Growth in May Jobs Report Amid Surge in Immigration ...

US Labor Market Shows Strong Growth in May Jobs Report Amid Surge in Immigration
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#5b769158 ver:0.38

The US labor market shows strong growth in May, adding 272,000 jobs and keeping unemployment below 4%. Native-born workers benefit the most, but immigrants now make up over 18% of the workforce. The surge in immigration has allowed the economy to absorb the increase in labor supply without disruption. President Biden's immigration order may reduce asylum seekers, but won't have a significant impact. The strong jobs report challenges the Fed's interest rate plans. Concerns remain for lower-income consumers and credit markets. Investors should diversify and consider international opportunities. #USjobs #immigration #economy...

#newstr #MayJobsReport #UsLaborMarket #Immigration #Economy #FederalReserve

https://here.news/story/5b769158?ver=0.38
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