federal interest rates - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Fri, 04 Jul 2025 00:58:40 +0000 en-US hourly 1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png federal interest rates - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 US Labor Market Adds 147,000 Jobs in June, Unemployment Drops to 4.1% https://www.garnertedarmstrong.org/us-labor-market-adds-147000-jobs-in-june-unemployment-drops-to-4-1/?utm_source=rss&utm_medium=rss&utm_campaign=us-labor-market-adds-147000-jobs-in-june-unemployment-drops-to-4-1 Fri, 04 Jul 2025 00:58:40 +0000 https://www.garnertedarmstrong.org/?p=47778 June’s nonfarm payrolls rose by 147,000, exceeding expectations of 110,000, while the unemployment rate dropped to 4.1%, signaling a robust labor market that may delay a July Federal Reserve rate cut. Government employment led with a 73,000 job gain, followed … Read More

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  • June’s nonfarm payrolls rose by 147,000, exceeding expectations of 110,000, while the unemployment rate dropped to 4.1%, signaling a robust labor market that may delay a July Federal Reserve rate cut.
  • Government employment led with a 73,000 job gain, followed by health care (39,000) and social assistance (19,000), though a 329,000 increase in those not in the labor force pushed participation to a low of 62.3%.
  • Despite President Trump’s calls for lower rates and Fed Chair Powell’s resignation, the Fed maintains its 4.25%-4.5% benchmark rate, with Powell emphasizing a data-driven approach amid muted tariff-related inflation.

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    Source: https://wallstreetpit.com/127857-us-labor-market-adds-147000-jobs-in-june-unemployment-drops-to-4-1/#google_vignette

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    The post US Labor Market Adds 147,000 Jobs in June, Unemployment Drops to 4.1% first appeared on Garner Ted Armstrong Evangelistic Association.

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