Jobs report June 2023
This is the current revision of Jobs report June 2023 as edited by Aschlafly (talk | contribs) at 06:59, June 3, 2023. This URL is a permanent link to this version of this page.
The Jobs report June 2023 contained bad news on several key issues:
- a loss in manufacturing jobs
- wage increases are not keeping up with inflation
- the average hours worked declined, suggesting that companies are lowering hours rather than using layoffs
- a surge in black unemployment
Job gains were greater than expected, but in industries that do not contribute to productivity gains, such as government and social services jobs.