As consumers anticipate how U.S. trade policies might continue to impact their economic security, released by the U.S. Bureau of Labor Statistics shows the unemployment rate remained steady in May while employers continued to add job opportunities in the workforce.
According to the report, employers added 139,000 jobs in May, and the unemployment rate remained unchanged at 4.2 percent.
“I think that we could describe this month’s jobs report as being not bad but certainly not great,” said Abby Hall, an associate professor of economics at the University of Tampa.
Hall said the job numbers may be an indication of a reaction to policy.
“The gains that we saw were primarily in health as well as travel and retail. But a lot of other sectors were fundamentally stagnant,” she said. “Manufactu