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2024-07-01 16:59:30

ADP Employment Report Shows 179K New Jobs Added in US Private Sector on Nostr: US Employment Growth Moderates, Wage Growth Slows, and Inflation Signals a Slowdown ...

US Employment Growth Moderates, Wage Growth Slows, and Inflation Signals a Slowdown
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#f15ab276 ver:0.23

US employment growth moderates, wage growth slows, and inflation signals a slowdown. Nonfarm payrolls report shows 185k new jobs in May, but unemployment rate rises to 4%. Concerns about overall health of labor market arise as full-time employment falls and part-time employment rises. Market awaits CPI release and FOMC decision for impact on sentiment and likelihood of rate cuts. June job growth expected to decrease to 190k, with wage growth at smallest annual advance in 3 years. Labor market remains healthy, but inflation slowing. Investors eagerly await employment data and monitor Fed Chair's comments for rate cut clues. #USjobs #economy #inflation...

#newstr #UsEmployment #WageGrowth #LaborMarket #FederalReserve #Inflation #AdpReport #LaborDepartment #JuneEmploymentFigures

https://here.news/story/f15ab276?ver=0.23
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