US Labor Market Holds Steady Despite Concerns of Slowdown
Friday, Jun 6, 2025 11:55 am ET1min read
The US non-farm payroll report shows a stable unemployment rate, exceeding expectations, and a slight increase in hourly wages. Despite a slight decrease in manufacturing jobs, optimistic forecasts suggest an improvement as companies invest in the US. The steady unemployment rate indicates a resilient labor market, alleviating concerns about a significant slowdown.
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