Gregory Daco
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The May jobs report will be released Friday. Here's what to expect
The stronger-than-expected start this year for job creation could be in for a reality check when the Bureau of Labor Statistics releases the May nonfarm payrolls report Friday. Economists surveyed by Dow Jones expect the employment rolls to show that just 80,000 jobs were added during the month, which would mark a notch step down from the average of 150,000 over the prior two months, including 115,000 in April. Moreover, some prominent Wall Street voices think the month could feature some...
America’s job market has a surprising problem: Nobody’s hiring, nobody’s firing
America’s job market has a surprising problem: Nobody’s hiring, nobody’s firing While unemployment is projected to hold steady at a low 4.3% in May, according to FactSet, the pace of job creation remains significantly slower than the boom experienced in the wake of pandemic lockdowns - Bookmark - CommentsGo to comments The American job market is showing unexpected resilience this year, rebounding from a challenging 2025 despite persistent economic uncertainty and elevated energy prices...