Labor Market Insights: Top Gainers and Losers from Recent Jobs Report

Reported about 13 hours ago

In May, the labor market saw a net addition of 139,000 non-farm payrolls, with a notable decline of 22,000 federal government jobs. The healthcare sector led job gains, adding 62,000 positions, while leisure and hospitality also performed well with 48,000 new jobs. However, manufacturing experienced a loss of 8,000 jobs. Analysts suggest potential future impacts from federal spending cuts and tariffs on various sectors of the economy.

Source: YAHOO

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