See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Employers Add a Solid 206,000 Jobs in June, Displaying Economy's Ability To Withstand High Interest Rates

Posted on AllSides July 5th, 2024
From The Right

Friday’s report from the Labor Department also shows that the unemployment rate ticked up to 4.1 percent from 4 percent. WASHINGTON — America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the economy’s ability to withstand continually high interest rates. If June’s job growth marked a pullback from 218,000 in May, it was a strong gain nonetheless, reflecting the resilience of America’s consumer-driven economy, which is slowing but still growing steadily. Friday’s report from the Labor Department also showed that the unemployment...

Read full story

AllSides Picks

https://nysun.com/article/employers-add-a-solid-206000-jobs-in-june-displaying-economys-ability-to-withstand-high-interest-rates

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right