Alicia Summers
May Jobs Report: Mixed Signals For Economy, Inflation, And Fed Rate Decisions
The latest jobs report shows that 272,000 jobs were added in May, while unemployment rose to 4%, and labor force participation remained relatively stable.
The latest jobs report shows that 272,000 jobs were added in May, while unemployment rose to 4%, and labor force participation remained relatively stable.
Today’s jobs report: 303,000 jobs added in March, unemployment down to 3.8%. However, decline in full-time jobs and rise in part-time positions noted.
New Annual Inflation Report out today reveals inflation rate at 3.1%, a decrease from last October’s 3.2%, but up by 0.1% on a month-to-month basis.