NY Times -The American labor
market produced another solid month of employment gains in June, the
Labor Department reported on Friday, adding 206,000 jobs, while the
unemployment rate was 4.1 percent, up from 4 percent.The gain in jobs was slightly greater than most forecasts.... As we’ve reported,
much of that is due to increased levels of immigration, which
economists at Goldman Sachs estimate added 80,000 people per month to
the labor supply last year and will add another 50,000 each month this
year.
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