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US Adds 172,000 Jobs in May as Labor Market Rebounds
The US added 172,000 jobs in May, far exceeding expectations. But strong hiring complicates the Fed's inflation fight as new Chair Kevin Warsh prepares.
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The US added 172,000 jobs in May, far exceeding expectations. But strong hiring complicates the Fed's inflation fight as new Chair Kevin Warsh prepares.
The U.S. added 172,000 jobs in May, beating expectations. But with underemployment at 43%, a separate crisis is unfolding for young graduates.
The US private sector added 122,000 jobs in May, exceeding forecasts. ADP report shows broad-based hiring gains across industries and business sizes.