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 Biden Gets a Boost as US Economy Adds 272,000 Jobs in May
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#2140b79c ver:1.7

The US economy added 272,000 jobs in May, surpassing expectations and giving President Biden a boost. Healthcare and government sectors saw the largest job increases. Average hourly earnings were up, indicating continued wage growth. The stock market reacted negatively, suggesting less chance of a rate cut. The US services sector rebounded, but private hiring was weak. Canada added 27,000 jobs. The strong job and wage growth in the US make a rate cut unlikely. Overall, the labor market is rebounding and showing signs of strength. #economy #jobs #Biden #stockmarket #FederalReserve...

#newstr #UsEconomy #JobsReport #JoeBiden 

 https://here.news/story/2140b79c?ver=1.7