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Job growth accelerated in May as employers hired 272,000 workers, the Labor Department reported Friday. The results handily beat expectations for growth of 185,000 jobs, reflecting a labor market that is still showing signs of surprising strength and durability in the aftermath of the pandemic. Job gains were broad-based and led by the service sector, with the education, health, government, and leisure and hospitality sectors accounting for about 60% of the growth. Wage growth was robust, as wel ....
Fed's favored inflation gauge, core PCE, rises 0.2% M/M in April, in line with consensus seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
U.S. economy adds fewer jobs than expected in April, unemployment ticks up seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Bitcoin Price (BTC) Bounces After Fed Holds Rates Steady coindesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coindesk.com Daily Mail and Mail on Sunday newspapers.