US jobs market slows down as businesses cope with Trump trade war uncertainty
by Lauren Aratani in New York from Economics | The Guardian on (#6XSXP)
May's jobs report was dragged down by loss of 22,000 federal workers' jobs as Doge cut positions
The US economy added 139,000 jobs in May, a slowdown compared with recent months as American businesses cope with uncertainty around Donald Trump's continuing trade war.
After signs of a strong labor market in April - which was largely seen as resiliency against teetering trade policy from the White House - May saw a drop in new jobs added to the labor market, according to new data from the Bureau of Labor Statistics. The unemployment rate remained steady at 4.2%, unchanged from last month.
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