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15 hours ago · U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%. Nonfarm payrolls expanded by 272,000 for the month, up from 165,000 in April and well ahead of the ...
6 hours ago · The U.S. economy keeps throwing curveballs, and the May employment report is the latest example. Employers added 272,000 jobs last month, the Labor Department reported on Friday, well above what ...
1 day ago · The 4% unemployment rate is the median forecast in the Fed’s March SEP projection for 2024. Core PCE is currently 2.8%, higher than Fed’s projection of 2.6%. It’s likely that the Fed’s dot ...
14 hours ago · A separate Labor Department report this week showed that job openings fell to 8.1 million in April, the lowest tally since early 2021 and well below the record 12 million in early 2022.
1 day ago · Biden on the May Jobs. Report. The great American comeback continues, but we still have to make more progress. On my watch, 15.6 million more Americans have the dignity and respect that comes with ...
12 hours ago · In welcome news for workers but likely adding to hesitation by the central bank, the May report showed hourly wages rising a robust 14 cents, or 0.4%, to $34.91, up 4.1% over the past 12 months ...
1 day ago · A report for the record books. The May jobs report could cement a trend that the US hasn’t seen since the early 1950s: If the jobless rate comes in as expected, it would mark the 28th ...
