The latest jobs report for the United States released on Friday is showing signs of a recovering economy. The total number of new jobs created in May was 339,000, a healthy number compared to past months. While this is good news for the economy, there was also a rise in the unemployment rate.
As the economy begins to re-open, analysts agree that these latest numbers indicate that the labor market is on its way to full recovery. It is also important to note that the economy is still in the early stages of the recovery, and the data will continue to be monitored closely for the upcoming weeks.
Key points:
– 339,000 jobs were created in May
– Unemployment rate also increased
– Early stages of recovery
– Data will continue to be monitored closely
You can read this full article at: https://www.housingwire.com/articles/jobs-data-shows-the-truth-about-the-labor-market/(subscription required)
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