Insights from the Latest U.S. Jobs Report
The newest U.S. jobs report is a grab bag of labor-market signals. The U.S. economy added 206,000 jobs, down from about 218,000 in May 2024. At the same time, the unemployment rate ticked up slightly to 4.1%, while wage growth slowed to its lowest rate in three years. Cooling Labor Demand While 4.1% unemployment is […]