USA: job creation slows down
The unemployment rate rose by 0.1 points to 4.1%, where economists were expecting only 4%, while the labor force participation rate stood at 62.6%, and average hourly earnings rose at an annual rate of 3.9%.
In addition, non-farm payrolls for the previous two months were revised, from 165,000 to 108,000 for April and from 272,000 to 218,000 for May, for a total revision balance of -111,000 for these two months.
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