Serendipity strikes the market as you witness the Dow nearing a new record while the S&P 500 hits an all-time high, fueled by stronger-than-expected job growth. The latest report shows a 147,000 jobs increase in June and a slight drop in unemployment to 4.1%, signaling resilience despite tariff concerns. Yet, you should also note the […]
Tag Archives: jobs
Markets, US, Work & Careers
The US economy added a stronger-than-expected 147,000 jobs in June and the unemployment rate fell to 4.1%
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Unpacking Job Growth: June’s Unexpected Gains The 147,000 jobs added in June mask an uneven landscape, with the bulk of growth concentrated in health care (+58,600), leisure and hospitality (+20,000), and what appears to be an artificial surge of +80,000 in state and local government jobs. Excluding these public sector gains, private businesses generated just […]