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nonfarm - 2 Janet Yellen - 2 she's - 2 Elon Musk's - 1 Elon Musk - 1 Musk - 1 Hong - 1
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☆ CNBC Daily Open: June’s jobs report won’t deter Fed from hikes
  + stars: | 2023-07-10 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Modest jobs growthU.S. nonfarm payrolls increased 290,000 in June while the unemployment rate was 3.6%, according to the Labor Department. Job creation was — for once — lower than economists' expectations of 240,000, though the unemployment rate, which was 0.1 percentage point lower than in May, was exactly on the mark. [PRO] Eyes on inflationNow that June's jobs report is out, investors are turning their attention to the month's consumer price index, coming out on Wednesday, to get an idea of how high interest rates will go.
Persons: nonfarm, Janet Yellen, she's, Elon Musk's, Elon Musk, Musk Organizations: CNBC, Labor Department, Treasury, U.S, Elon, Twitter Locations: U.S, Europe, British, Restabilizing U.S, China
☆ CNBC Daily Open: June’s jobs report won’t stop rate hikes
  + stars: | 2023-07-10 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
A 'Now Hiring' sign posted outside of a restaurant looking to hire workers on May 05, 2023 in Miami, Florida. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Jobs growth cooledU.S. nonfarm payrolls increased 209,000 in June while the unemployment rate was 3.6%, according to the Labor Department. Job creation was — for once — lower than economists' expectations of 240,000, though the unemployment rate, which was 0.1 percentage point lower than in May, was exactly on the mark.
Persons: nonfarm, Hong, Janet Yellen, she's Organizations: CNBC, Labor Department, Ant, PPI, Treasury, U.S, China Locations: Miami , Florida, U.S, Asia, Pacific, Alibaba . Hong Kong, China
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