finance
U.S. Economy Adds 57,000 Jobs in June, Less Than Expected
@Reuters reported the U.S. economy added 57,000 jobs in June. Analyst Joachim Klement of Panmure Liberum said the figure allows the Federal Reserve time to monitor inflation trends.
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The U.S. economy added 57,000 jobs in June, @Reuters reported. The total fell short of forecasts. Joachim Klement of Panmure Liberum told @Reuters the June jobs figure gives the Fed time to see how inflation plays out.
He stated he does not believe there will be a rate hike this year at all. The report provides the latest monthly employment reading for policymakers weighing interest rate decisions.
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