US job growth likely cools in June after strong gains

US job growth is expected to cool in June following a recent series of strong gains. This anticipated slowdown in employment growth could influence the Federal Reserve's decisions regarding interest rates, which in turn impacts overall market dynamics and economic stability. These trends emerge amidst a backdrop of AI job cuts. The reports from Reuters and Crypto Briefing highlight the potential shift in the US labor market after the previous string of substantial employment increases.