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Story perspectives

U.S. Job Market Weakens: Growth Outlook Dims

6/3/2025

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Story summary
  • U.S. growth outlook is weakening, especially in employment, according to Larry Berman.
  • Upcoming JOLTs and NFP reports indicate softening job market expectations.
  • Rising jobless claims and declining job openings heighten growth concerns.
  • The reconciliation bill could hinder growth, despite having some pro-growth features.
  • Market volatility is anticipated, making buffer ETFs a preferred protective option.