US Labor Market Continues to Moderate in May Amid Rising Unemployment
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#2140b79c ver:1.31
The US labor market continues to moderate with rising unemployment, driven in part by immigration. Wage pressures have eased, and the June jobs report is expected to show further moderation. However, the labor market is still generating new jobs at a healthy clip. The economy added 175,000 jobs in April, the slowest pace in over a year, and wage growth slowed. The Federal Reserve is monitoring the labor market's impact on inflation. American investors are cautious about the cooling economy and the potential need for rate cuts. #USLaborMarket #Unemployment #WageGrowth #FederalReserve #Economy...
#newstr #UsLaborMarket #Unemployment #Immigration #WageGrowth #Inflation
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