There’s a bit less sizzle in the labor market
Jul 5, 2024

There’s a bit less sizzle in the labor market

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The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marcus Group.