U.S. job growth slows unemployment rate drops to 4.3 percent U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the labor market was losing momentum despite the unemployment rate falling to a 16-year low of 4.3 percent. Nonfarm […]
Michael Pearce
Strong U.S. job growth expected in May, wage rise seen moderate U.S. job growth likely remained strong in May, a further sign of an acceleration in economic activity that would effectively seal the case for an interest rate increase this month despite sluggish wage gains. Nonfarm payrolls probably increased by 185,000 […]
