US Job Creation Surges, Fueling Fed Rate Hike Concerns
BullRushFriday, Jun 6, 2025 11:32 am ET
1min readU.S. job creation in May exceeded expectations, adding 139,000 new positions, defying concerns about a cooling labor market. The unemployment rate remained steady at 4.2%. This strong figure may give the Federal Reserve reason to keep interest rates elevated for longer, potentially delaying a long-anticipated rate cut.
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