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2024-06-29 13:05:03

ADP Employment Report Shows 179K New Jobs Added in US Private Sector on Nostr: US NFP Surprises Markets with Strong Data, Raises Concerns About Labor Market and ...

US NFP Surprises Markets with Strong Data, Raises Concerns About Labor Market and Immigration Surge
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#f15ab276 ver:0.19

The US NFP report surprised markets with strong data, including higher-than-expected job growth and average hourly earnings. However, concerns arise about the labor market and immigration surge. Despite positive numbers, full-time employment is falling, raising recession fears. The upcoming US CPI release and FOMC decision will be crucial. While the NFP data temporarily boosted sentiment, the overall health of the labor market remains uncertain. Immigration and data accuracy are factors to consider. Market expectations for a rate cut remain high, but caution is advised. #USNFP #LaborMarket #Immigration #Economy...

#newstr #UsNfp #LaborMarket #MarketSentiment #AverageHourlyEarnings #UnemploymentRate #ParticipationRate #FulltimeEmployment #ParttimeEmployment #UsCpi #FomcDecision #ImmigrationSurge #RateCuts

https://here.news/story/f15ab276?ver=0.19
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