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U.S. Adds 172,000 Jobs in May, Primarily in Hospitality Sector
In May, the U.S. economy saw an addition of 172,000 jobs, with a notable contribution from the hospitality sector. The unemployment rate held steady at 4.3%, although wage growth has softened amid rising prices.
Our neutral summary
In May, the U.S. economy saw an addition of 172,000 jobs, with a notable contribution from the hospitality sector. The unemployment rate held steady at 4.3%, although wage growth has softened amid rising prices.
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