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The Labor Department’s jobs report for May far exceeded the predictions of economists with 272,000 jobs added across the U.S. while the unemployment rate rose slightly to 4%. CBS News senior business and tech correspondent Jo Ling Kent has more on how the Federal Reserve may consider those numbers when deciding on interest rate changes.
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, 2024-06-07 22:24:00
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Will interest rates drop after May jobs report exceeds expectations?
