Oddbean new post about | logout
 US Job Growth Exceeds Expectations in June, Unemployment Rate Rises
===============	
#894bba84 ver:2.55

US job growth exceeded expectations in June, with 206,000 jobs added, marking the 42nd consecutive month of growth. However, the unemployment rate rose to 4.1%, the highest since November 2021. The weakening job market could lead to a Federal Reserve interest rate cut in September. Despite the slowdown, most workers have job security. Experts believe the economy is experiencing a soft patch, not a recession. The US is on track to create 2.7 million new jobs this year, exceeding every year of the Trump era. Republicans have been ignoring these positive developments. #jobs #economy #unemployment #interestrates...

#newstr #UsEconomy #JobMarket #UnemploymentRate #LaborForceParticipationRate #GovernmentEmployment #AverageHourlyEarnings #FederalReserve #Wages #EquityMarkets #CorporateSector 

 https://here.news/story/894bba84?ver=2.55