Don't underestimate this labor market. 339k jobs added in May. Above expectations. Slight uptick in unemployment to 3.7%. March and April got revised up to 217k and 294k respectively. The rate for the last three months was 283k- that's above pre-pandemic job growth. So we really haven't had any slowdown in the job market.
how's the participation rate? It matters more than unemployment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit