Bookmark BusinessGeneral NewsInflationJobs and careers June’s Cooler Hiring Could Aid Fed’s Pursuit of a ‘Soft Landing’ for US Economy by Andrew Wright July 9, 2023 July 9, 2023 June’s cooler hiring suggests a ‘Goldilocks’ scenario for the US economy, aiding the Fed’s pursuit of a ‘soft landing’ amidst lower inflation pressures.
Bookmark BusinessFederal Reserve SystemGeneral News US Adds 209,000 Jobs in June, Demonstrating Resilient Economy by Andrew Wright July 7, 2023 July 7, 2023 US adds 209k jobs in June, showcasing a resilient economy. Despite a hiring slowdown, the unemployment rate falls to 3.6%. Wage growth and consumer spending remain strong.