Conflicting US Jobs Reports Point to Divided Labor Market
Conflicting US Jobs Reports Point to Divided Labor Market The latest employment figures for June have painted a perplexing picture of the U.S. labor market, with official government data sharply diverging from a key private sector report. This discrepancy, revealed this week, raises questions about the true health and direction of job growth. The U.S. Bureau of Labor Statistics (BLS) reported a higher-than-expected increase of 147,000 jobs in June, pushing the national unemployment rate down to 4.1% from 4.2%. This…