Reported about 1 year ago
In June, the U.S. added 206,000 jobs despite inflation and high interest rates. The employment picture was mixed as job gains for April and May were revised down, and the private sector added a disappointing 136,000 jobs. Additionally, the unemployment rate rose to 4.1%, the highest since November 2021. Economists predict that the Federal Reserve may consider cutting interest rates as early as September.
Source: YAHOO