The job market is cooling but still surprisingly strong. Is that a good thing?
U.S. employers added 209,000 jobs in June. That's a solid number, but fewer than the month before. Here are the 5 things we took away from the report.
by Scott Horsley
Jul 07, 2023
3 minutes
The country's job market is finally showing signs of cooling – but it may still be a tad too strong.
That may sound strange. In a traditional economy, a strong labor market would usually be a good thing, but it's not so positive in an economy that continues to struggle with high inflation.
U.S. employers in June, according to data out on Friday. That's below the pace of recent months but it's still a very
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