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Johnny2X2X

(19,066 posts)
Fri Jun 3, 2022, 08:31 AM Jun 2022

US economy adds 390,000 jobs in May, UE stays at 3.6%

https://www.bls.gov/news.release/empsit.nr0.htm

Wages up 5.2% over the last year.

This beats expectations.

The markets were hoping for a miss. This will cause them to fall today. They want a miss so the Fed will rethink their quantitative tightening measures they are pursuing to fight inflation.
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US economy adds 390,000 jobs in May, UE stays at 3.6% (Original Post) Johnny2X2X Jun 2022 OP
kick Demovictory9 Jun 2022 #1
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