The US labor market cooled off in June, adding just 209,000 jobs | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 95%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The US economy cooled off in June, adding just 209,000 jobs after a surprisingly strong showing the month before

June’s total was lower than May’s unexpectedly strong showing of 306,000, and below economists’ expectations for a net gain of 225,000 jobs. It’s the lowest monthly gain since a decline in December 2020. The unemployment rate ticked down to 3.6% from 3.

7% the month before, according to the report. US employers have now added jobs for 30 consecutive months. While the Federal Reserve has tried to cool the economy with 10 consecutive rate hikes, the labor market remains impervious to those efforts. This story is developing and will be updated.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités