U.S. Economy Adds 272,000 Jobs in May, Surpassing Expectations =============== #2140b79c ver:1.91 The US economy added 272,000 jobs in May, surpassing expectations, but the unemployment rate also rose to 4%. Wage growth and consumer spending remain positive, but there are concerns about the quality of jobs and potential inflation. The mixed results leave the Federal Reserve in wait-and-see mode on interest rates. President Biden touts the job growth as part of the "great American comeback" but criticizes Republican economic plans. The job numbers may not be as positive as they seem, with low-wage and part-time jobs driving the gains. Overall, there are underlying issues that need to be addressed for a more sustainable recovery. #jobs #economy #unemployment #wagegrowth #inflation... #newstr #UsJobsReport #Unemployment #WageGrowth #LaborMarket #EconomicExpansion #JoeBiden #CongressionalRepublicans #FederalReserve #DonaldTrump #RepublicanPlan https://here.news/story/2140b79c?ver=1.91