- New jobs created in the private sector fell in May to their lowest number in 2 years. The private sector added 37,000 jobs. Analysts had expected the economy to add 114,000 jobs. The number created was sharply down from May. Government hiring is not offsetting private sector hiring. https://lnkd.in/g3nNVDub
- The markets took the jobs report in stride as it gave the markets some hope that the Fed will get closer to reducing rates. The 10 year treasury yield also dropped.
Politics, Policy & Market Sentiment
June 5, 2025
11:25 am
“Trump, Tariffs, TACO, & Tesla with David Pivnick of McGuireWoods LLP Listen Here: https://lnkd.in/gChYp3r6 My