U.S. Job Market Wobbles Amid Tariff Uncertainty
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The U.S. job market is showing signs of stagnation, with the latest employment data revealing a slowdown in hiring and downward revisions to previous months' figures. Employers added only 19,000 jobs in May and 14,000 in June, according to a research note from EY-Parthenon Chief Economist Gregory Daco. The data reflects a broader uncertainty in the economy, fueled by on-again, off-again tariffs and the impact of new GOP tax policies.