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Will interest rates drop after May jobs report exceeds expectations?
Posted
June 7, 2024
Views
4,828
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June 7, 2024
4,828
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1.62%
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3:28Now PlayingThe Labor Department's jobs report for May far exceeded the predictions of economists with 272,000 jobs added across the U.S. while the unemployment rate rose slightly to 4%. CBS News senior business and tech correspondent Jo Ling Kent has more on how the Federal Reserve may consider those numbers when deciding on interest rate changes.
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