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Construction added 25,000 jobs in May, a 7,000 role increase from its 12-month average. In a statement, President Biden said, "Today is a good day for the American economy and American workers."
The May jobs report showed an unexpected rise in the number of non-farm payrolls in the economy and a drop in the unemployment rate from April.
"May payrolls were well above expectations, but households reported a significant loss of jobs. The report today continues to point to a soft landing for the economy and should keep market ...
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three ...
US stocks have been slumping heading into the first full-on week of 2025. In the past five trading sessions, the S&P 500 is down more than 1.5%, while the Nasdaq Composite is off nearly 2% ...
Based on initial estimates, May’s jobs report from the Bureau of Labor Statistics, due out Friday at 8:30 am ET, could be similar: Economists are expecting job growth of 180,000 payrolls and an ...
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The May jobs report is set for release on Friday, and economists expect it to tell a similar story to last month's report with the labor market cooling from its hot start to 2024 but not entering ...