Ramazan Eles 
The US economy added 206,000 jobs in June, according to the Labor Department. The unemployment rate rose to 4.1%, slightly above expectations.
The report was closely watched by investors for clues about the Federal Reserve’s future monetary policy. The strong jobs data suggests that the economy is still resilient and that the Fed may be more likely to continue raising interest rates.
The unemployment rate was expected to remain at 4%. The increase was due to a rise in the labor force participation rate, which suggests that more people are looking for work.
The Fed is currently targeting a federal funds rate of 5.25% to 5.50%. The strong jobs data could lead the Fed to raise rates again at its next meeting in July.
Investors will be watching closely to see how the Fed reacts to the data. The Fed’s next meeting is scheduled for July 26-27.
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