US Labor Market Surges in May, Exceeding Expectations
The US labor market demonstrated significant strength in May, with payroll growth of 172,000 smashing expectations and unemployment remaining steady, despite concerns that wage growth is not keeping pace with higher prices.
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U.S. Job Market Pushes Past Shocks and Strains
Unemployment is steady and companies are hiring, but wage growth is not keeping up with higher prices.
By Lydia DePillis
Read full article →May jobs report: US labor market smashes expectations with payroll growth of 172,000
Read full article →Midday Need to Know: Labor market surges, mortgage giants' stocks rise & more
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