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The Labor Department released its May jobs report Friday at 8:30 a.m. ET. ... some big-name retailers that suggested hiring may cool as companies grapple with rising costs due to inflation ...
US-based employers announced 63,816 job cuts last month, down 1.5% from April and 20% below May 2023, according to a Challenger, Gray & Christmas report released Thursday.
A stunning jobs report revealed the US economy added 339,000 jobs in May, with 33,000 coming from food services and drinking places alone.. The positive results come amid recent labor shortages in ...
The May jobs report delivered an upside surprise Friday for the labor market and the strength of the U.S. economy as payrolls increased by 272,000 and wage growth ticked upward, reversing a three ...
"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 largest job increases in Friday's report were in healthcare, which added 68,000 jobs in May. Meanwhile, government employment added 43,000 jobs, and leisure and hospitality added 42,000 jobs.
The U.S. added 559,000 in May and the unemployment rate declined by 0.3 percentage point to 5.8% -- a sigh of relief following April's dismal numbers, but still below expectations. See: Are There ...
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.