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Jobs Report Shows Pace of Hiring Slowed Sharply in June: What the Experts Are Saying

A mixed jobs report won't keep the Fed from raising interest rates later this month, the pros say. The June jobs report showed the slowest pace of hiring since the early innings of the pandemic, but rising wages and an ultra-low unemployment rate should keep the Federal Reserve on track to raise interest rates at the next Fed meeting, experts say.Nonfarm payrolls expanded by 209,000 last month, the Bureau of Labor Statistics said Friday, missing economists' forecast for the creation of 230,000 j ....

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