U.S. Unemployment Rate Expected to Climb to 4.7% by Year-End, Analyst Projects

According to Penson Macro analyst Samuel Tomas, cited by Jin10, the U.S. unemployment rate is expected to climb to 4.7% by the end of 2026. While initial jobless claims fell more than expected on June 25, the overall trend has been rising since early May, consistent with slower job growth. The cautious hiring stance is expected to persist throughout the year.
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