03/29/2024

U.S. Jobs Data Show Strong Four-Month Hiring Clip

Employers hired steadily in May, placing the U.S. on the one of the best four-month stretches of job creation since late 1990s and renewing optimism about the five-year-long recovery.

Nonfarm employment advanced a seasonally adjusted 217,000 last month, the Labor Department said Friday. April’s gain was revised down slightly, but the increase of 282,000 was the best in more than two years.

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