U.S. job market cools with fewer vacancies
Digest more
The Trump administration’s immigration crackdown is taking a growing toll on a weakening labor market, economists say. Forecasters surveyed by Bloomberg estimate the Labor Department on Friday,
Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool. The Labor Department reported Tuesday that job openings in June were down from 7.7 million in May and were about what forecasters had expected.
What To Expect From the Jobs Report According to a survey by Dow Jones Newswires and The Wall Street Journal, economists expect the report to show 125,000 jobs were added in May.
The pace of hiring was unexpectedly robust in May, showing a gain of 272,000 jobs, but it wasn’t all good news: The unemployment rate ticked up, to 4 percent. Monthly change in jobs +0 +100,000 ...
U.S. hiring accelerated in May as employers added a booming 339,000 jobs and the labor market shrugged off high interest rates and persistent inflation. The unemployment rate, which is calculated ...
May Jobs Report Key Stats Total nonfarm payrolls rose by 339,000 versus 294,000 in April. The unemployment rate increased to 3.7% from 3.4% in April.
Another big source of job creation in May was health care, which saw payrolls increase by 52,400. Hospitals accounted for the bulk of those gains, adding 19,600 workers. There were also ...