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CNBC Economy / Updates
- With June jobs report looming, DOGE government layoffs could start becoming a factor July 2, 2025A gradual pullback in hiring and job openings has come as hundreds of thousands of federal workers are out looking for employment.
- The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says July 2, 2025Economists polled by Dow Jones forecast an increase of 100,000 for the month.
- Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows June 27, 2025The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.