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Strong Job Growth in May, Wage Pressure Eases

Strong Job Growth in May, Wage Pressure Eases
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Childcare centers still struggle to find workersUnemployment dueVoluntary quits edgesWage growthSector nearly backPre pandemic employmentPaying nursing homesChildcare centers still struggleHospitality sector addsSector shows big job lossesPrime ageEmployment rises

Unemployment Due to Voluntary Quits Falls in May Amid Strong Job Growth

The May jobs report shows clear evidence the labor market is normalizing, with wage growth continuing to slow.

Unemployment dueVoluntary quits edgesWage growthSector nearly backPre pandemic employmentPaying nursing homesChild care centers still struggleHospitality sector addsSector shows big job lossesPrime ageEmployment rises