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U.S. jobs growth eased in June which could help curb inflation

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It’s hard to know whether this is good news or bad news, but employment growth eased in June, taking some steam out of what had been a stunningly strong labour market in the U.S.

 
The bad news is that a wobbly jobs market is bad for employees – the good news is that the Fed takes this into account when deciding on rate hikes.

The U.S. Labor Department reported an increase of 209,000 nonfarm payrolls in June, slightly below the consensus estimate of 240,000, resulting in an unemployment rate of 3.6 per cent.

This marked a considerable decline from May’s revised total of 306,000 and the slowest month for job creation since December 2020.

However, average hourly earnings exceeded expectations, rising by 0.4% for the month and 4.4% compared to a year ago.

Government jobs provided a boost, with an increase of 60,000, primarily at the state and local levels.

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Trump says it was a mistake to exclude Putin as G7 leaders meet

G7 leaders clash with Trump on tariffs while struggling for unity amid the escalating Israel-Iran conflict.

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G7 leaders clash with Trump on tariffs while struggling for unity amid the escalating Israel-Iran conflict.


G7 leaders confront President Trump over rising tariffs and a fragmented global economy.

But unity is also fraying over how to respond to the escalating Israel-Iran conflict, with world powers divided on a path forward.

The summit exposes deep divides at a time of urgent global crisis.

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#G7Summit #TradeWars #TariffTensions #TrumpAtG7 #GlobalDiplomacy #IsraelIranCrisis #CeasefireDebate #WorldLeaders

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Israel targets Iranian state TV in escalating airstrike

Israel’s airstrike on Iranian state TV disrupts live broadcast and damages uranium site, escalating tensions and prompting Iran to seek U.S. intervention for a ceasefire.

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Israel’s airstrike on Iranian state TV disrupts live broadcast and damages uranium site, escalating tensions and prompting Iran to seek U.S. intervention for a ceasefire.


Israel targets Iranian state TV in an airstrike that knocks the network off-air during a live broadcast.

The attack damaged Iran’s uranium enrichment site, sparking further retaliation.

Iran has called on the U.S. to help broker a ceasefire as tensions spiral into dangerous territory.

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#IsraelIran #MiddleEastConflict #IranTVStrike #Airstrike #CeasefireNow #MilitaryEscalation #WarFootage #Geopolitics

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Missiles, retaliation and civilians caught in the Iran-Israel crossfire

Israel-Iran conflict intensifies with airstrikes disrupting broadcasts, rising civilian casualties, and escalating retaliation threats.

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Israel-Iran conflict intensifies with airstrikes disrupting broadcasts, rising civilian casualties, and escalating retaliation threats.


Missiles are flying and media outlets are under fire as the Israel-Iran conflict escalates.

An Israeli airstrike disrupted Iranian state TV mid-broadcast, while Iran vows more retaliation against Israeli cities.

The death toll rises with civilians paying the price, as both nations dig in and defy calls for peace.

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#IsraelIranTensions #WarUpdate #CivilianCasualties #StateTVAttack #MiddleEastCrisis #LiveBroadcast #IranRetaliates #ConflictZone

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