The Labor Department reported that 147,000 jobs were created in June and the Unemployment Rate dipped from 4.2% to 4.1% as fewer people looked for work. Average Hourly Earnings increased by 0.2% in June and the annual gain in wage growth slowed to 3.7%, while the Average Work Week ticked down to 34.2 hours. Job growth has been remarkably stable in the first 6 months of 2025, which makes it appear that the labor market is holding up. Every month the financial markets react to the Employment report and the string of decent numbers has reinforced the view that the economy is on solid footing...
