US jobs market remains strong despite high interest rates and debt ceiling fight

US jobs market remains strong despite high interest rates and debt ceiling fight - short news


US adds 339,000 jobs in May, surpassing forecasts, as unemployment rate increases slightly to 3.7%

High interest rates, a recent banking crisis and Washington’s fight over the debt ceiling may have shaken the US economy recently, but the US jobs market continues to show signs of strength.

The US Bureau of Labor Statistics (BLS) reported 339,000 jobs were added in May, surpassing forecasts that predicted the increase would be approximately 190,000 jobs and a sign of continued..


Read more on The Guardian

source: The Guardian - 02.06.2023

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