Gold May Benefit from Unfavorable Jobs Report
Jun 17, 2021
With more individuals not willing to work for the current low-wage hourly rate and federal money flooding households, the price of gold may soon increase. A recent BLS Employment Situation Report shows that last month, total nonfarm payrolls increased by more than 550,000 after increments of more than 270,000 in April.
Concurrently, the U.S. economy introduced fewer jobs than had been expected, with economists polled by MarketWatch predicting just over 670,000 additions…
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