MetroIntelligence Economic Update by P. DUFFY Employment growth fell to 209,000 in June, earnings up 4.4 percent year-on-year Total nonfarm payroll employment increased by 209,000 in June, and the unemployment rate changed little at 3.6 percent. Nonfarm employment has grown by an average of 278,000 per month over the first 6 months of 2023, lower than the average of 399,000 per month in 2022. Over the past 12 months, average hourly earnings have increased by 4.4 percent. https://www.bls.gov/news.release/empsit.tn.htm May job openings falls to 9.8 million and 1.61 unemployed per…
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