Market Insight: Middle-income US consumers 'are starting to feel the pressure' | REUTERS

This week, the US labor market is anticipated to cool down, with the economy projected to have added 190,000 jobs in June, a decrease from 272,000 in May. While a slight slowdown is good news for investors hoping for a rate cut, David Sekera of Morningstar told Reuters job insecurity could add to inflationary pressures that are already weighing on the consumer, and that's bad news for consumer-focused stocks. #News #usa #labormarket #jobs #markets #Reuters #Newsfeed 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en