
Labor Market Delivers Mixed Signals Despite Strong Payroll Gain
However, the federal government’s employment declined by 22,000 in May, a bottom trend that has shed 59,000 posts since January. Losing 8,000 jobs, the report also weighed on the report, while the retail trade fell by 6,500, which reflects a soft consumer activity. Unemployment rate flat, but participation metrix signal weakness The unemployment rate remained…