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International Business Times UK
International Business Times UK
World
Giuliano de Leon

US Economy Defies Forecasts With Strong Job Growth as Private Sector Weakens

A corporate employee going to his job. (Credit: Marten Bjork/Unsplash)

The US job market has delivered a surprise boost, defying earlier gloomy forecasts and showcasing unexpected resilience. While analysts had predicted sluggish growth, new data revealed that the economy added 147,000 jobs in June, pushing the unemployment rate down to 4.1%.

However, despite this strong headline number, experts remain cautious about underlying private sector trends and longer-term employment stability.

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