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The average weekly hours worked in the US in May was 34.3, in line with expectations and the previous reading.
2026-06-05
The average weekly hours worked in the US in May was 34.3, in line with expectations and the previous reading.
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2026-06-05
CNBC reports BLS data Friday showed US May payroll gains unexpectedly strong as the labor market continued to expand, with job growth broadening across sectors. Leisure & hospitality added 70,000 jobs versus a past-year monthly average of 14,000, the
CNBC reports BLS data Friday showed US May payroll gains unexpectedly strong as the labor market continued to expand, with job growth broadening across sectors. Leisure & hospitality added 70,000 jobs versus a past-year monthly average of 14,000, the largest increase; local government payrolls rose by 55,000. Healthcare added 35,000 jobs, roughly in line with historical averages; social assistance added 12,000. Fed officials have grown more upbeat on the labor market and are shifting focus toward persistent inf; sustained inf pressure has Largely ruled out further Fed rate cuts.
2026-06-05
US Energy Secretary Wright said Democrats' green-energy policies pose a greater threat to US energy prices than the Iran conflict and have pushed energy costs far more than that dispute.
US Energy Secretary Wright said Democrats' green-energy policies pose a greater threat to US energy prices than the Iran conflict and have pushed energy costs far more than that dispute.
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