Jobs Friday: Summer Slowdown Edition : Planet Money Happy Jobs Friday! The labor market is showing signs of slowing down. The unemployment rate is still low at 3.6 percent, but only 75,000 jobs were added in the month of May — a lot fewer than what economists expected.
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Jobs Friday: Summer Slowdown Edition

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Jobs Friday: Summer Slowdown Edition

Jobs Friday: Summer Slowdown Edition

Jobs Friday: Summer Slowdown Edition

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Happy Jobs Friday! Employers added 75,000 jobs in the month of May, evidence of a slowing labor market. And wage growth fell. The unemployment rate stayed the same as April at 3.6%.

The slowdown may be because of the escalating trade war between the U.S. and China, uncertainty about the Fed, or it could be just be the economy transitioning into a more normal pace of growth.

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