Market Analysis
US Labour Market Strong Despite 500 BPS Interest Rate Hike Since 2022
Private companies in the US added 497,000 new jobs in June, up from 267,000 in May.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
US job growth eased to 209,000 in June, while unemployment rate fell from 3.7% to 3.6%.
Private companies in the US added 497,000 new jobs in June, up from 267,000 in May.
Wage growth was outpaced by inflation for 23rd consecutive month in February.
The jobs report beat the estimates, but even if it hadn't, the markets would lose.