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BBCNEWS World July 6, 2024



over 330,000 or so that is a significant beat to use wall street parlance, and it wasjob gains across the board, jobs added in the government sector but also in businesses and enterprises and there is a sense that despite the fact that we have seen ten rate rises in america in the last 1a months, that you are still seeing this red hot jobs market that continues to make gains and if you take into account the fact that they revised upwards the fact that they revised upwards the months before, there was an additional 90,000 jobs in total, so this really is a blockbuster report. the headline unemployment rate has also increased. how does that tally with the figures? also increased. how does that tally with the figures? often what you get is eo - le with the figures? often what you get is peeple who with the figures? often what you get is people who were with the figures? often what you get is people who were on with the figures? often what you get is people who were ....

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BBCNEWS World Business Report June 4, 2024 13:32:00

Looking forjobs and as a result they are counted in the unemployment rate and that can account for the slight increase and if you look at the trend line, it has been fairly consistent, so in total it is a strong report, but the question is, what does the federal reserve make of it? jerome powell and some members have expressed a desire to skip raising interest rates in the month ofjune and two may be a wait and see what happens and if need be raise it later in the year but there are some who are still concerned about inflation and who want to see rates increase and they may look at the report and say, this is an argument for raising, the fact the jobs market is still red hot, but if you look at wage increases, that remained fairly flat so that was one area where those concerned about inflation can take heart. fit, area where those concerned about inflation can take heart. area where those concerned about inflation can take heart. a new boss takin: inflation can take heart. a new boss ....

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