News & Insights

    News & Insights

    REUTERS/CHENEY ORR
    Featured Story
    US Markets

    US Employers Boost Hiring in May, but Labor Market Losing Steam

    U.S. job growth accelerated in May, but a surge in the unemployment rate to a seven-month high of 3.7% suggested that labor market conditions were easing, which could give the Federal Reserve cover to skip an interest rate hike this month.

    • 1 day ago
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