Latest / US News Today | 2 Min News | The Daily News Now!
Jobs Slow, Unemployment Drops | US News
Job growth slowed to 57,000 in June—down from May’s revised 129,000—but the unemployment rate dipped to 4.2%, hinting at a natural cooldown after strong gains. Companies are still reluctant to lay off workers, especially after pandemic hiring struggles, keeping unemployment low. With global tensions easing, economists are cautiously optimistic about sustained job growth. The Fed holds rates steady for now but signals more hikes may come, balancing inflation control with job creation. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.