Private employers added 122,000 jobs in May, surpassing economist expectations. Job openings rose to 7.6 million in April, the highest in nearly two years. The data suggests the labor market has stabilized, potentially influencing the Federal Reserve's upcoming policy decisions.
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US labor market shows unexpected strength in May
IN SHORT
Private employers added 122,000 jobs in May, surpassing economist expectations. Job openings rose to 7.6 million in April, the highest in nearly two years. The data suggests the labor market has stabilized, potentially influencing the Federal Reserve's upcoming policy decisions.
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