US EditionU.S. Job Market Thrives with Soaring Wage Increases
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U.S. Job Market Thrives with Soaring Wage Increases
American workers earned more in May 2025, with average hourly earnings climbing 0.4% from April, the U.S. Bureau of Labor Statistics reports. The 3.9% year-over-year wage increase beat expectations of 3.7%, strengthening consumer spending power. Yet, businesses grapple with rising labor costs, which may lift prices. The economy generated 139,000 jobs, exceeding forecasts of 126,000, […]
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