US Job Growth Steady Despite Trade War Uncertainty
TL;DR Summary
The US job market slowed in May with 139,000 new jobs added, reflecting uncertainty from the ongoing trade war and federal job cuts, while the unemployment rate remained steady at 4.2%. Economists anticipate further slowdown, and President Trump has called for lower interest rates to stimulate growth.
- US jobs market slows down as businesses cope with Trump trade war uncertainty The Guardian
- U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2% CNBC
- There are only 2 industries that are hiring a lot right now Business Insider
- In Chaotic Economy, Hiring Remained Steady in May The New York Times
- US job growth slows as tariff uncertainty leaves businesses in limbo Reuters
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