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On the surface, the May jobs report reinforces the resilience of the U.S. labor market. Once again, digging deeper paints a more nuanced picture. U.S. businesses added 139,000 new jobs in May, in line with expectations. The unemployment rate held steady at 4.2%, and 12-month wage growth ticked up to 3.9%. Jobs Report Highlights […]
Written by Mallory Vachon, PhD on June 6, 2025
