Economists have forecast that employers created 225,000 jobs last month. A bigger-than-expected number could complicate the Federal Reserve’s efforts to tame inflation.
Tag: Labor Department (US)
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Job Openings Dipped in May, a Sign of Continued Cooling
Hiring was largely unchanged, and the number of workers quitting their jobs increased. The data will be watched closely by Federal Reserve policymakers.
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U.S. Job Growth Remains Strong Despite Economic Clouds
Employers added 339,000 workers in May, the Labor Department said, though the report also offered signs of shakiness.
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Migrant Child Labor Debate in Congress Becomes Mired in Immigration Fight
Revelations that migrant children have been exploited for cheap labor brought calls for action, but a partisan battle over immigration policy has complicated lawmakers’ efforts.
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U.S. Job Growth Retains Vigor Despite Economic Worries
Employers added 253,000 jobs in April and unemployment fell to 3.4 percent, but the labor market’s strength complicates the Fed’s inflation fight.