US job growth likely cooled in June after recent string of big gains
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
US job growth is reported to have slowed in June, following a period of significant gains. The number of jobs added in June is reported to be 57,000, with an unemployment rate of 4.2%. The labor market appears to be transitioning from a strong pace to a more moderate one, which may impact the federal reserve's approach to inflation.
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