Colombia National Jobless Rate declined to 8% in May from previous 8.8%

United States: Labor stability tempers Fed hike risks – TD Securities

TD Securities’ macro team led by Oscar Munoz expects headline US Nonfarm Payrolls to slow to 80k in June, with 55k private and 25k government jobs, marking a return to breakeven job growth. The Unemployment Rate is forecast to edge down to 4.2% as participation slips.
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Fed’s Hammack: “Inflation is still too high, Fed may need to consider rate hikes”

Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, told CNBC on Tuesday that the United States (US) economy remains resilient. The labor market is near full employment, and growth still looking solid.
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