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Published 11 months ago

US adds 339,000 jobs in May defying slowdown fears

  • US employers added 339,000 jobs in May, exceeding expectations and demonstrating strength in the economy.
  • The unemployment rate rose from 3.4% in April to 3.7% in May, but many industries are still adding jobs to reach pre-pandemic levels.
  • Despite concerns over inflation and a slowdown in economic growth, consumers are still spending at a solid pace, driving economic activity forward.
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BBC NewsBBC News

US adds 339,000 jobs in May defying slowdown fears

Job creation in the US was far stronger than expected as the central bank fights inflation.

11 months ago·United Kingdom
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The GuardianThe Guardian

US beats forecasts with 339,000 new jobs in May, as pound heads for best week this year – business live

Rolling coverage of the latest economic and financial news

11 months ago·London, United Kingdom
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CBC NewsCBC News

U.S. added 339,000 jobs last month, far more than expected

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.

11 months ago·Canada
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Associated Press NewsAssociated Press News

US hiring jumped last month; so did unemployment

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is

11 months ago·United States
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USA TodayUSA Today

US worker shortage makes hiring difficult

Low unemployment is making it challenging for some industries, like retail and hospitality, to find new employees. (June 2)

11 months ago·United States
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CNNCNN

The US economy added 339,000 jobs last month, soaring past expectations — again

The US labor market isn’t ready to slow down just yet.

11 months ago·Atlanta, United States
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