US jobs market sees gradual cooldown in June
Wage growth decelerated, although it still outpaced consumer inflation. But this has not translated into rosy sentiment over the broader economy, adding to President Joe Biden's challenges as he seeks reelection. "We have more work to do, but wages are growing faster than prices and more Americans are joining the workforce," Biden stressed in a statement after the report came out. The country added 206,000 jobs last month, the Labor Department said, marking a slower pace of hiring than May's revised 218,000 figure. Читать дальше...