US Hiring and Wage Growth Picked Up Last Month, Indicating Sustained Economic Health
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#2140b79c ver:2.16
The May jobs report in the US exceeded expectations, with 272,000 jobs added and robust wage growth. However, concerns about inflation and the quality of jobs persist. The report will impact the Federal Reserve's decision on interest rates, likely ruling out a rate cut this summer. President Biden praised the report, but small businesses are concerned about high-interest rates. #JobsReport #Economy #Inflation #InterestRates...
#newstr #UsEconomy #JobMarket #UnemploymentRate #WageGrowth #Inflation #FederalReserve #SmallBusinesses
https://here.news/story/2140b79c?ver=2.16