Similar Stories to 467k Jobs Cut In June; Jobless Rate At 9.5 Percent on Bing News

Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy's road to recovery will be bumpy.

Topics:  june   jobs   cut   rate   percent   
BING NEWS:
  • Weaker U.S. jobs market helps explain Fed rate cut, Powell says
    Why cut interest rates now, with the economy still strong and inflation higher than the Federal Reserve would like? Fed chief Jerome Powell got pestered with that question in his press conference on ...
    12/18/2024 - 9:52 am | View Link
  • Canada's 6.8% jobless rate boosts bets for 50-point interest rate cut
    Canada had 1.5 million unemployed people in November, propelling its jobless rate to a near-eight-year high outside of the pandemic era and boosting chances of a large interest rate cut on Dec. 11.
    12/6/2024 - 1:08 am | View Link
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