The Federal Reserve raised short-term interest rates even though inflation remains below where it wants it to be.
The Fed Moves, Inflation Does Not: June 12 – 16
Employers’ Inability to Find Qualified Candidates Slows Hiring: June 5 – 9.
A lack of qualified candidates weighed on hiring during April.
The Unemployment Rate Falls to a 16-Year Low: May 29 – June 2
The last time the unemployment rate was this low, it was 2001. But the pace of job creation during May was relatively modest.
What We Learned About the U.S. Economy Last Week 