US Employers Added 339,000 Jobs in May as Labor Market Stays Durable

Friday’s report from the government showed that the unemployment rate rose to 3.7%, from a five-decade low of 3.4% in April.
The stronger hiring demonstrates the job market’s resilience after more than a year of rapid interest rate increases by the Fed. Many industries, from construction to restaurants to health care, are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels. [ Source: VOA (Read More…) ]
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