May jobs report: Payrolls rise by 390,000 as unemployment holds at 3.6%

Financial

The U.S. labor market remained hot in May, even as tighter monetary conditions and persistent inflation stoke worries of an economic slowdown. The economy created 390,000 news jobs last month with the unemployment rate holding steady at 3.6%. Here are the key numbers from the Labor Department’s latest report compared to consensus estimates compiled by…

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