US Economy Adds 272,000 Jobs in May, as Unemployment Holds Steady at 4% from may 2 5 2015 Watch Video

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✓ Published: 08-Jun-2024

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The US economy added 272,000 jobs in May, more than expected and showing continued strength despite rate hikes. The unemployment rate remained at 4% while average hourly earnings rose slightly. Job growth has cooled this year but is seen as normalization, not necessarily a recession sign. Fewer employed people are switching jobs as the \