Employment Diffusion Index slipped to 49.6% in June as hiring breadth weakened and turned slightly negative pic.x.com/PVzkly9sON
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Liz Ann Sonders
LizAnnSonders
As of June, longest streak for unemployment rate staying under 5% (consecutively) since expansion that ended in 2001 pic.x.com/oW7OL7qgn5
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NAHB 🏠
NAHBhome
The unemployment rate edged down to 4.1%, signaling ongoing strength in hiring despite persistent economic uncertainty. However, there were some indications that the headline number overstated the health of the labor market. loom.ly/lE-cF1c