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Posts published by “Rubi Menjivar”

June 2024 jobs report: What labor market data says about the economy

The Summary The Labor Department's June jobs report showed employers added 206,000 roles last month, down from 218,000 in May. Unemployment ticked up to 4.1%, inching above 4% for the first time since November 2021 while remaining historically low. The labor market has defied long-running forecasts of a sharper pullback in hiring, though conditions are