Reported 1 day ago
US job growth is anticipated to slow in May as companies focus on cost containment and rethink investments due to shifting trade policies. Economists project an increase of 125,000 payrolls, maintaining the unemployment rate at 4.2%. Uncertainty surrounding the White House's trade strategies has made companies more cautious, which may impact labor demand going forward. The economic landscape reflects a move towards prudent spending with signs of reduced consumer confidence and auto sales.
Source: YAHOO