Reported 4 months ago
In May, US private payrolls increased by 152,000 jobs, marking the lowest since January, with small firms reducing staff. Wage gains for job changers also moderated for a second month. The report suggests a cooling job market, as overall growth is led by large employers and the services sector. However, it also indicates that despite interest rate hikes by the Federal Reserve, the job market is maintaining some stability.
Source: YAHOO