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US job market slowdown: Donald Trump’s tariffs, hiring freeze may weigh on employment; data signals rare private sector contraction
The US job market is showing signs of a slowdown, with expectations of only 115,000 jobs added in June, marking the weakest gain since early 2023. The unemployment rate is predicted to rise to 4.3%. Experts attribute this to President Trump's trade tariffs, hiring freeze, and immigration policies impacting business confidence.
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