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Showing posts with the label Alexandra Stevenson and Cao Li

Acting Secretary Sonderling statement on May jobs report

Acting Secretary Sonderling statement on May jobs report WASHINGTON – Acting Secretary of Labor Keith Sonderling issued the following statement regarding the May 2026 Employment Situation Report:“President Trump and this Administration once again produced the best month of job creation since taking office, demolishing economists’ expectations. This Administration is proving the cynics wrong and American workers, families, and businesses are winning.The May Jobs Report overperformed on every level, adding 172,000 jobs and marking the third consecutive month of positive payroll growth. Thanks to President Trump, manufacturing jobs are up 25,000 in 2026 and construction jobs have increased by 71,000 since he took office – a true testament to this Administration’s priorities.Under the President’s leadership, American workers are seeing benefits in real time: rising wages, increased affordability, and over 903,000 private sector jobs added. The Department of Labor remains committe...

With Property Sales Plunging, China Evergrande Faces More Protests

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By Alexandra Stevenson and Cao Li from NYT Business Day https://ift.tt/3t0p13c via IFTTT

Evergrande Crisis Shows Cracks in China’s Property Market

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By Alexandra Stevenson and Cao Li from NYT Business Day https://ift.tt/3hPTNFO via IFTTT

Why China’s Economy Is Threatened by a Property Giant’s Debt Problems

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By Alexandra Stevenson and Cao Li from NYT Business Day https://ift.tt/3BXmZ5c via IFTTT