International Economic

US payrolls undershoot forecasts by wide margin on revisions

By Alexander Bueso

Date: Friday 05 Jul 2024

(Sharecast News) - Hiring and wage growth in the US eased as expected last month, but after a much faster-than-expected slowdown over the previous two months.
According to the Department of Labor, non-farm payrolls grew by 206,000 by in June.

Consensus had been for an increase of 190,000.

Average...

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