June jobs report signal possible interest rate cut later this year

June jobs report signal possible interest rate cut later this year

June jobs report signal possible interest rate cut later this year – CBS News

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The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department’s Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers and if they mean a potential interest rate cut in the fall.

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