Hiring Trends and Economic Indicators
employers added 139,000 jobs in May, a slowdown from April's revised 147,000, with the unemployment rate remaining steady at 4.2%.
Average hourly wages increased by 0.4% from April and 3.9% from a year earlier, indicating a slight edge higher than forecasts.
Impact of Policies and Future Outlook
's tariffs and policies have created a cautious economic outlook, with expectations of increased costs for U.S. companies and potential impacts on hiring.
Despite concerns, significant damage from these policies has not yet reflected in economic data, with some experts warning of the risks of a recession if signs of weakness persist.