US Nonfarm Payrolls Decrease: Job Growth Slows Down

Wednesday, Jun 4, 2025 8:40 am ET1min read
US nonfarm payrolls decrease by 40,000 in May, signaling a slowdown in job growth. The quits rate drops 0.1 percentage point to 2.0%, indicating fewer workers voluntarily leaving jobs and less pressure on employersEIG-- to raise wages. Economists had projected 145,000 job additions, making this deviation from projections significant.
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