Reported 11 months ago
The May jobs report revealed that the US added 272,000 jobs, exceeding expectations. Yahoo Finance analyzed the report with experts such as Acting Labor Secretary Julie Su, New York Life Investments chief market strategist Lauren Goodwin, and more. They discussed various aspects, including the unemployment rate rising to 4%, sectors showing growth like healthcare and government, and the impact of immigration on the labor market. The report also highlighted women's participation reaching record highs and insights on the Fed's possible actions based on the data. The article concludes with a focus on the potential economic impacts and future trends based on the expert discussions.
Source: YAHOO