Reported about 1 year ago
In June 2024, the US Bureau of Labor Statistics reported that the country added 206,000 jobs to the economy, exceeding the economist's estimate of 190,000. However, the unemployment rate rose to 4.1%, contrary to the forecast of remaining at 4.0%. Experts Brad Smith and Brian Sozzi discuss the implications of the latest jobs report and its potential impact on inflation and interest rates.
Source: YAHOO