U.S. Job Growth Shows Signs of Slowing as Economy Faces Uncertainty
In May, the U.S. economy added 139,000 jobs, slightly surpassing expectations, while the unemployment rate remained steady at 4.2%. Despite this solid job growth, analysts warn of slowing hiring trends due to uncertainties surrounding trade policies and tariffs. The data indicates a stable labor market overall, but concerns about economic headwinds suggest potential challenges ahead. Key reports indicate that private sector hiring is also experiencing a decline, signaling a cautious outlook for the job market.
CNBC, WSJ, The New York Times, CNN, Bloomberg, NBC News, The Washington Post, FOREX.com, ABC News, Reuters