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Despite a slight slowdown, the US economy added an impressive 206,000 jobs in June, surpassing forecasts of 190,000. The unemployment rate nudged up to 4.1%, and wage growth hit a three-year low, signaling a potential rate cut by the Federal Reserve later this year. Key Takeaways: * Job Gains: 206,000 new jobs in June. * Revised May Figures: 218,000 jobs (down from 272,000). * Unemployment Rate: Edged up to 4.1%. * Wage Growth: Slowest in three years. With the Fed considering a rate cut in September, we're on the lookout for significant shifts in the financial landscape. Stay tuned for more updates as we navigate these economic changes! #Thesocialtalks #JobsReport #USEconomy #FederalReserve #JobGrowth #EconomicUpdate

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