June Jobs Report Falls Short of Forecasts
The U.S. economy added 57,000 jobs in June, the Bureau of Labor Statistics reported on July 2, well below both the consensus estimate of 115,000 and the downwardly revised 129,000…
Labor Market Strength Extends Fed Patience
The April jobs report gives the Federal Reserve a labor market that is sturdy enough to delay rate cuts, while leaving companies to manage financing costs that remain higher for…