U.S. Added 272K Jobs in May, Blowing Past Estimates; Unemployment Rate Rises to 4.0%

June 7, 2024 Leave a Comment

Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.

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U.S. Added 272K Jobs in May, Blowing Past Estimates; Unemployment Rate Rises to 4.0%

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