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Manufacturing Jobs Plummet: What It Means for Stocks

Manufacturing Jobs Plummet: What It Means for Stocks

In the latest economic update, the Manufacturing Payrolls for May were released, revealing a significant decline. The actual figures showed a decrease of 8,000 jobs, which was far below the anticipated drop of just 1,000. This is a stark contrast to the previous month’s report, which had indicated a growth of 5,000 jobs in the manufacturing sector.

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