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Officials at the Federal Reserve have turned their focus to resurgent inflation.
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U.S. added 172,000 jobs in May, even as inflation squeezes consumers NBC NewsU.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3% CNBCJobs Report Live Updates: Data to Give Insights on a Labor Market Finding Its Footing The New York TimesJobs report smashes expectations with payroll growth of 172,000 Yahoo Finance
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Employment in the private sector grew by 122,000 jobs last month, payroll giant ADP reported Wednesday, in a positive sign for the economy despite rising inflation and fears of AI displacing entry-level positions.
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