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Economy

Latest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure

NYT > Business > Economy · 02 Jul 2026 · 🇺🇸 United States

Latest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure

The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.

Read the full story at NYT > Business > Economy →

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