Labor Market Stays Strong, Adding 339,000 Jobs in May - But Previous Revisions Suggest Problems
Employers in the U.S. added almost 340,000 jobs in May, a sign that the jobs market is still strong despite a questionable economy that features still-hot inflation, rising wages, and a possibly pending recession. It also endured through a lengthy debt ceiling fight that will likely be resolved by the end of the day today when President Joe Biden signs the bill representing the deal cut between him and House Speaker Kevin McCarthy, avoiding a potentially catastrophic default.
Source: https://redstate.com/joesquire/2023/06/02/labor-market-stays-strong-adding-339000-jobs-in-may-but-previous-revisions-suggest-problems-n755315
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