Free Social Bookmarking and Guest Posting Website.

STRONG US JOB GROWTH IN MAY, UNEMPLOYMENT RATE AT 3.7%

US JOB GROWTH OUTPERFORMED FORECASTS IN MAY, AS THE UNEMPLOYMENT RATE INCREASED TO 3.7%.
Despite a higher-than-anticipated gain in employment in the United States in May, the Federal Reserve may decide not to raise interest rates this month for the first time since beginning its aggressive policy-tightening campaign more than a year ago due to a deceleration in pay growth.

The Labour Department reported on Friday that nonfarm payrolls rose by 339,000 last month, according to the closely followed employment data. After data for April was updated, 294,000 new positions were added to the payroll, not the previously reported 253,000.

Reuters polled economists, who predicted a 191,000 increase in payrolls.

The unemployment rate increased from a 53-year low of 3.4% in April to 3.7% despite significant hiring.

Related Posts
Leading PPC Outsourcing Agency – Elevate Your Success with Expert PPC Services by Pitch Pine Media

In the dynamic digital marketing landscape, Pay-Per-Click (PPC) advertising has emerged as a powerful tool for businesses aiming to boost Read more

Best Bank Coaching – Unravel your banking career with Finprov Learning.

Join Finprov Learning Bank Coaching Institute and embark on a transformative journey towards a successful career in the banking industry. Read more

What Is a Blog, & Why Should You Create One

a blog was a personal web log or journal in which someone could share information or their opinion on a Read more

Krolog

Starting a new eCommerce business can be challenging, but don't worry - Krolog is here to help turn your idea Read more

Best SEO Company in Vaishali Ghaziabad

Our SEO services are made to produce results. As the best SEO company in Vaishali Ghaziabad, Diginet Business Solution offers Read more