Article 4GQ7T US added only 75,000 jobs in May as economy shows signs of slowing

US added only 75,000 jobs in May as economy shows signs of slowing

by
Edward Helmore and agencies
from Economics | The Guardian on (#4GQ7T)

Job creation numbers came in below expectations, causing economists to predict that Fed will begin cutting interest rates

Growth in the US employment market decelerated sharply in May, as the economy added just 75,000 jobs - holding the unemployment rate steady at 3.6%, matching its lowest level since 1969.

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