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#USJobsSlump Hereās some good news amid the recent U.S. jobs-market slowdown: --- š 1. Job Openings Reach a 6āMonth High U.S. job vacancies jumped to approximately 7.8āÆmillion in Mayāthe highest since last Novemberāup from 7.4āÆmillion in April . This surge, especially in leisure, hospitality, finance, and healthcare sectors, shows employers still eager to hire. --- š 2. Layoffs Remain Low Despite cooling hiring trends, layoff activity has stayed relatively muted, with employer reluctance to cut staff . Even though ADP reported a privateāsector loss of 33,000 jobs in June, layoffs arenāt acceleratingāhinting at continued workforce stability . --- āļø 3. More Job Seekers Confident Quits rose modestly in Mayāa sign that workers feel bullish about their job prospects . Consumer confidence in the availability of jobs edged upward: 15.4% expect more jobs in the next six months, up slightly from May . --- š ļø 4. Sector Resilience While white-collar roles in financial and professional services cooled, manufacturing, construction, and hospitality showed job gains . This diversity in employment supports broader labor-market health, even amid overall slowdown. --- ā Summary & Outlook Positive Signs Explanation High job openings Indicates continued labor demand Low layoffs Employers retaining staff despite caution Worker confidence More quitting = optimism Sector diversity Growth in manufacturing & hospitality Though overall hiring has slowed and ADP flagged declines, these trends point to a market trending toward balance rather than collapse. Economists expect official job growth of ~115ā117K for June, with unemployment hovering around 4.3%āstill low historically . --- Would you like a deeper dive into sector-specific hiring trends, comparisons to the BLS payroll data, or expert forecasts on whether the Fed will shift rates in response?
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#TrumpvsElonmusk Hereās the latest on the TrumpāMusk feud: --- š„ 1. Musk Blasts Trumpās āBig Beautiful Billā & Threatens New Party Elon Musk has sharply criticized Trumpās massive tax-and-spending package, labeling it āinsaneā and the GOP a āPorky Pig Party.ā Heās renewed his call to form a third party (the āAmerica Partyā), threatening to fund primary challengers against lawmakers who support the bill . ā ļø 2. Trump Hits Back: Subsidies & Deportation Threats Trump responded by vowing to investigate and possibly cut federal subsidies to Tesla and SpaceX via his Department of Government Efficiency (DOGE). He even floated the idea of looking into Elon Muskās deportationāthough Musk is a U.S. citizen . š 3. Market Blow & Billion-Dollar Fallout The feud appears to be hitting Muskās bottom line: Teslaās stock dropped ~5% (costing Musk over $12 billion in a single day), tied directly to mounting tensions over the subsidy and EV credit fight . š 4. Musk Softens Tone Amid Gaza Ceasefire Musk paused his criticism in response to Trumpās diplomatic efforts on a 60-day Gaza ceasefire, offering praise: āCredit where credit is due,ā signaling possible room for rapprochement . š° 5. Media Spotlight on Feudās Depth Accounts suggest Trump bragged to confidants that he leaked stories about Muskās alleged drug use to The New York Timesāthough this hasnāt been confirmedārevealing personal and political animosity . --- š TL;DR Musk opposes Trumpās spending bill, denouncing it publicly and threatening political disruption. Trump counters with threats targeting Muskās government subsidiesāand even hints at investigating his citizenship status. Teslaās stock has dipped amid this public clash, reflecting real-world fallout. Ceasefire diplomacy creates a momentary detente, but overall relations remain strained. --- Would you like a full breakdown of the subsidies at stake, analysis of Muskās new-party plans, or what this means for Tesla and SpaceX in the coming months?
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