Analyst: US unemployment rate remains stable, concerns about a significant slowdown in the labor market will ease

According to BlockBeats, on June 6th, institutional analysts reported on the US non farm payroll report that the unemployment rate remains stable, wage growth exceeds expectations, and hourly wages have slightly increased, which will ease concerns about a significant slowdown in the labor market. The increase in employment in May exceeded the expected median, but the cumulative downward revision for the first two months was 95000, far offsetting the impact of May's unexpected increase. Analysts point out that a decrease of 8000 manufacturing jobs is not what the Trump administration wants to see. Without a doubt, the White House economic team will be hearing predictions that the situation will improve as many companies, including Apple, commit to investing in the United States. (Golden Ten)