05-June-2026
Economy News
 
US job growth likely slowed in May, labor market seen stable despite oil shock
05-Jun-2026

U.S. employment growth likely moderated in May after two straight months of strong gains, but the pace would probably remain consistent with stable labor market conditions. Economists expected the Labor Department's closely watched employment report on Friday to confirm that the Middle East conflict, which has stoked inflation through a surge in oil prices, was yet to have material impact on the jobs market.

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/us-job-growth-likely-slowed-in-may-labor-market-seen-stable-despite-oil-shock/articleshow/131521361.cms
 
 
 

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