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U.S. job growth slowed sharply in June, adding far fewer jobs than economists expected and signaling that the labor market is losing momentum. The economy created 57,000 nonfarm jobs during the month, well below forecasts of 115,000, while May’s payroll figure was revised lower. Even so, the unemployment rate edged down to 4.2% as fewer […] Read The Full Article US Adds Just 57K Jobs in June, Missing 115K Forecast by a Wide Margin On Coin Edition.
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