( ) -q-25- UNDATED (Correspondent Jeremy House) “to pre-pandemic levels.” The nation’s employers stepped up their hiring in May, adding 339,000 jobs. [CutID: <Cuts> JOBLESS-RATE-house-q-FRIam.mp3 Time: 25s Title: JOBLESS-RATE-house-q-FRIam Out-cue: to pre-pandemic levels] TAG: Correspondent Jeremy House reporting. The stronger hiring demonstrates the job market’s resilience after more than a year of rapid interest rate […]
Audio
Employers added 339,000 jobs in May as labor market stays durable
( ) -q-25- UNDATED (Correspondent Jeremy House) “to pre-pandemic levels.”
The nation’s employers stepped up their hiring in May, adding 339,000 jobs.
[CutID: <Cuts> JOBLESS-RATE-house-q-FRIam.mp3
Time: 25s
Title: JOBLESS-RATE-house-q-FRIam
Out-cue: to pre-pandemic levels]
TAG: Correspondent Jeremy House reporting. The stronger hiring demonstrates the job market’s resilience after more than a year of rapid interest rate increases by the Fed.
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VERBATIM: The number is well above expectations and evidence of strength in an economy that the Federal Reserve is continuously trying to cool. The unemployment rate rose to 3.7%, from a five-decade low of 3.4% in April. Many industries, from construction to restaurants to health care, are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.