Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Labor Market Shows Slower but Steady Growth in May Jobs Report =============== ...
US Labor Market Shows Slower but Steady Growth in May Jobs Report
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#2140b79c ver:1.42
The US labor market showed slower but steady growth in May, with 180,000 jobs added and the unemployment rate remaining at 3.9%. Wage growth is gradually slowing, and economists predict a softening job market in the months ahead. The Federal Reserve is not expected to cut interest rates based on the report. The US economy is entering a period of slower job growth and softer wage gains, prompting calls for additional fiscal stimulus. The labor market may have experienced lower payroll gains than previously reported, and rising slack is attributed to immigration. Overall, the US economy remains on firm ground. #USjobs #economy #FederalReserve...
#newstr #UsJobsReport #LaborMarket #UsEconomy #WageGrowth #FederalReserve #Unemployment
https://here.news/story/2140b79c?ver=1.42
===============
#2140b79c ver:1.42
The US labor market showed slower but steady growth in May, with 180,000 jobs added and the unemployment rate remaining at 3.9%. Wage growth is gradually slowing, and economists predict a softening job market in the months ahead. The Federal Reserve is not expected to cut interest rates based on the report. The US economy is entering a period of slower job growth and softer wage gains, prompting calls for additional fiscal stimulus. The labor market may have experienced lower payroll gains than previously reported, and rising slack is attributed to immigration. Overall, the US economy remains on firm ground. #USjobs #economy #FederalReserve...
#newstr #UsJobsReport #LaborMarket #UsEconomy #WageGrowth #FederalReserve #Unemployment
https://here.news/story/2140b79c?ver=1.42