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Jobs Report Shows Economy Divided | Durham News
June’s jobs report reveals a slowing economy with surprisingly weak hiring—just 57,000 new jobs, down sharply from May’s 172,000—and revisions that cut April and May totals by 74,000. Consumer-facing sectors like leisure and hospitality lost 61,000 jobs, while retail shed 7,500, signaling tighter budgets and business caution. Yet, professional services and healthcare remain steady, hinting at resilience elsewhere. The Fed may still raise rates as consumers feel the pinch—and the economy shows clear signs of division. Listen in comfort:Get a discount on a Soli Pillow…
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