The US economy added only 139,000 jobs in May, showing signs of slowdown as businesses navigate uncertainty from the ongoing trade war. The unemployment rate remained steady at 4.2%, but federal job cuts raise concerns.
In April, US job openings rose to 7.39 million, defying expectations of a decline. This increase may indicate a resilient labor market amidst economic uncertainty, but rising layoffs raise concerns.
April's inflation rate declined unexpectedly to 2.3%, sparking discussions on the impact of President Trump's tariffs and potential interest rate cuts. What does this mean for consumers?
In a surprising turn, US employers have reduced their hiring plans, with federal government layoffs reaching the highest levels in over four years. The latest labor data reveals a concerning drop in job openings, signaling potential economic turbulence ahead.
