US employers added a strong 339,000 jobs in May as labor market stays durable

  • 📰 TucsonStar
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 59%

United States News News

United States United States Latest News,United States United States Headlines

US employers add robust 339,000 jobs in May in sign of still-healthy labor market despite Fed rate hikes

WASHINGTON — The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool.Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS Feed | Omny Studio The stronger hiring demonstrates the job market's resilience after more than a year of rapid interest rate increases by the Fed.

Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 339. in US

United States United States Latest News, United States United States Headlines