【Federal Reserve Meeting Minutes: Labor Market Conditions Remain Strong】Golden Finance reports that the Federal Reserve has released the minutes from the July meeting, which mentioned that recent data indicates labor market conditions remain strong. The unemployment rate in June was 4.1%, down 0.1 percentage points from May. The labor force participation rate slightly decreased by 0.1 percentage points, while the employment-population ratio remained unchanged. The total number of non-farm jobs in June showed steady growth, but the increase in private sector employment significantly slowed. The ratio of job openings to unemployed persons in June was 1.1, still within a narrow range seen over the past year. Over the 12 months ending in June, the average hourly wage for all employees rose by 3.7%, slightly lower than the increase from the same period last year.