Jobs reports ‘stable but careful’ labor market shows

by SkillAiNest

The American Bureau of Labor Statistics released it “Summary of a job situation“The May report on Friday, and the results, the labor market says,” stable but cautious “reflects the labor market. Car dualIn a statement to North America’s Regional President in the Main Power Group, Employment Agency Businessman

The US economy increased 139,000 jobs in May. The unemployment rate was 4.2 percent since April, while the hike in employment was less than 147,000 jobs in April.

The unemployment rate has been stable between 4.0 % and 4.2 % since May 2024, with 7.2 million people unemployed by May.

Related: ‘Finding a job is really hard’: 1.7 million job seekers are looking for work for at least 6 months

Both the employer and the employees worked cautiously in the month of May, the employees held their positions and the employers showed a slowdown in getting their services.

“It is not frozen, but a temporary cold,” said Davil. “Employees are kept, employers are stable, and everyone is waiting for clear gestures. This is a collective caution, not a crisis.”

The manpower group, which is The third largest Davil said that the world’s staff agency has found that the posting of open jobs on its internal job board has decreased by more than a month and new postings have decreased by 16 % in May. He explained that the number of new job postings was flat compared to the same time last year, “he identifies a pause rather than a bridge back.”

Related: According to ADP data, US businesses added 155,000 new jobs in March: ‘a good for the economy’

Recent college graduates have been particularly impressed with hiring hired services. According to Federal Reserve Bank of New YorkUnemployment for people aged 22 to 27 reached 5.8 % in March, the highest in four years.

The BLS report states that health care (which increased 62,000 jobs in May), leisure and hospitality (which has increased 48,000 jobs), and social aid (which increased 16,000 jobs).

In May, the average revenue per hour increased by 15 cents to 3.236.24, while on average, the workweke remained the same in the third consecutive month in 34.3 hours.

In 2024, the economy received a total of 2.2 million jobs, which is less than 3 million jobs in 2023.

The American Bureau of Labor Statistics released it “Summary of a job situation“The May report on Friday, and the results, the labor market says,” stable but cautious “reflects the labor market. Dual dualIn a statement to North America’s Regional President in the Main Power Group, Employment Agency Businessman

The US economy increased 139,000 jobs in May. The unemployment rate was 4.2 percent since April, while the hike in employment was less than 147,000 jobs in April.

The unemployment rate has been stable between 4.0 % and 4.2 % since May 2024, with 7.2 million people unemployed by May.

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