Biden upbeat over latest job numbers, but economists say another rate hike likely

Biden upbeat over latest job numbers, but economists say another rate hike likely – CBS News

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The U.S. added 209,000 jobs in June, according to the latest numbers from the Labor Department, a sign that the job market could be cooling, some economists said. However, the unemployment rate dropped slightly to 3.6% as President Biden took a different tone, saying the report indicates steady growth. Natalie Brand has more.

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