US Employers Add 206,000 Jobs in June, Reflecting Resilience of Consumer-Driven Economy
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#894bba84 ver:2.17

US employers added 206,000 jobs in June, exceeding expectations and reflecting the resilience of the consumer-driven economy. The unemployment rate rose slightly to 4.1%, but Federal Reserve Chairman Jerome Powell believes the labor market is finding a better balance. Wage growth slowed, but wages still rose 3.9% in the past year. The figures could bring the Federal Reserve closer to cutting rates later this year. President Biden faces challenges in convincing the public of his economic policies amid high prices. The labor market remains strong, but overcooling is a risk. #JobsReport #Economy #Inflation #FederalReserve...

#newstr #UsJobsGrowth #UnemploymentRate #WageGrowth #ConsumerdrivenEconomy #FederalReserve #JoeBiden #Inflation #EconomicPolicies 

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