The US labor market was mixed in May as payrolls surged along with joblessness, potentially giving Federal Reserve officials room to pause interest-rate hikes.
The US labor market sent conflicting signals in May as payrolls surged along with joblessness, giving Federal Reserve officials more reason to pause interest-rate hikes.
The latest US jobs report presented conflicting signals on a heretofore robust labor market: hiring that exceeded expectations and a jump in the unemployment rate.
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