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Job Market Slows as Inflation Persists | Bend News
Job growth slowed to just 57,000 in June, far below May’s 172,000, sparking concerns as inflation stays stubbornly high at 4.2%. While unemployment dipped to 4.2%, the Fed’s Warsh warns persistent inflation is a burden and signals potential rate hikes. Hope emerges from easing oil prices due to U.S.-Iran talks, and Warsh also sees tech as a future engine for productivity and jobs. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to…
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