U.S. Payrolls, Wages Cool as Trade War Weighs on Economy


(Worthy News) – U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and boosting expectations for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on growth.

Nonfarm payrolls rose 75,000 in May after a downwardly revised 224,000 advance the prior month, according to a Labor Department report Friday. The increase missed all estimates in Bloomberg’s survey calling for 175,000. The jobless rate held at a 49-year low of 3.6% while average hourly earnings climbed 3.1% from a year earlier, less than projected. [ Source: Bloomberg (Read More…) ]

7
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Massive Hong Kong Tower Fire Sparks Manslaughter Arrests
More Bodies Found After Deadly Floods, Landslides In Indonesia
Poland Resists EU Court Order On Same-Sex Marriage Recognition
Orbán Expected To Visit Moscow For Talks With Putin, But Trip Remains Unconfirmed (Worthy News Focus)
Two National Guardsmen Critically Wounded in Ambush Near White House; Suspect Identified as Afghan Immigrant Who Entered U.S. in 2021
Four Christian Workers Abducted In Pakistan After Seeking Lawful Wages
Trump Claims ‘Real Progress’ On Ending War In Ukraine; Russia Makes ‘Concessions’
Pentagon Investigating US Senator Over ‘Breaches of Military Law’ (Worthy News Focus)
Over 300 Catholic Students Kidnapped In Nigeria As Updated Figures Reveal Worst Attack In Years (Worthy News In-Depth)
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News