US Job Growth Expected to Remain at Moderate Pace in May Amid Softening Job Market
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#2140b79c ver:1.36

US job growth expected to remain moderate in May amid softening labor market. Potential overestimation of payroll gains adds uncertainty as Federal Reserve considers interest rate cuts. Unemployment rate remains low at 3.9%, but rising slack attributed to immigration. Economists predict addition of 188,000 jobs in May, with wage growth easing. Federal Reserve cautious about rate cuts, but analysts predict one or two cuts. Cooler jobs market may alleviate inflationary pressures, but additional fiscal stimulus may be necessary. #USjobs #labormarket #FederalReserve #economy...

#newstr #UsLaborMarket #PayrollGains #BlsData #FederalReserve #Unemployment #WageGrowth #Inflation 

 https://here.news/story/2140b79c?ver=1.36