Another good jobs report.

in #economy2 years ago

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Don't underestimate this labor market. 339k jobs added in May. Above expectations. Slight uptick in unemployment to 3.7%. March and April got revised up to 217k and 294k respectively. The rate for the last three months was 283k- that's above pre-pandemic job growth. So we really haven't had any slowdown in the job market.

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how's the participation rate? It matters more than unemployment

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