U.S. employers added 206,000 jobs to their payrolls last month, down from 218,000 the previous month.
FILE - Assembly line worker Lashunta Harris applies the Ford logo on a 2024 Ford F-150 truck being assembled at the Dearborn Truck Plant, April 11, 2024, in Dearborn, Mich. On Friday, June 5, 2024, the U.S. government issues its June jobs report.
Sojourner said job growth is decelerating but has been “remarkably strong” given the braking from Federal Reserve policymakers. The personal consumption expenditures price index, which reflects what people are actually buying, last registered a 2.6% annual increase.The Fed still expects to cut interest rates this year but is split on whether that will be one or two.said earlier this week that monthly job increases of 150,000 to 200,000 is sustainable and would likely be low enough to keep the Fed from worrying about inflation spiking again.
Interest Rates Economic Slowdown Inflation Federal Reserve Unemployment Rate Consumer Spending Job Security
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Read more »
U.S. employers added a solid 206K jobs in June in a sign of continued economic strengthAmerica's employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy's ability to withstand continually high interest rates.
Read more »
US added surprisingly strong 206K jobs last month, unemployment rose to 4.1%The economy has added a healthy average of 248,000 jobs a month so far in 2024.
Read more »
'Mama June: Family Crisis': Anna Shares Lighthearted Moment With Mom June Amid Her Health Battle (Exclusive)A new episode of 'Mama June: Family Crisis' airs Friday, June 28, at 9 p.m. ET/PT on WEtv.
Read more »
June solstice 2024 brings changing seasons to Earth on June 20 — What to knowJoe Rao is Space.com's skywatching columnist, as well as a veteran meteorologist and eclipse chaser who also serves as an instructor and guest lecturer at New York's Hayden Planetarium. He writes about astronomy for Natural History magazine, the Farmers' Almanac and other publications.
Read more »
Your Weekly Horoscope for June 16 to June 22, 2024Discover your zodiac sign's weekly horoscope for June 16 to June 22, 2024, from expert astrologer Stephanie Campos.
Read more »