The creation of jobs in United States beat expectations in May, while the unemployment rate remained at 3.6%, signs of a tight labor market that could keep the economy going. Federal Reserve on the brake to cool the demand.
The US economy opened 390,000 jobs outside the agricultural sector last month, the Labor Department said on Friday (3) through the Payroll report.
April’s data was revised up to 436,000 job openings, up from 428,000 previously reported.
Economists consulted by Reuters projected the creation of 325,000 jobs. job last month. Estimates ranged from 250,000 to 477,000.
The May result represents a slower pace of hiring, as the historically buoyant labor market showed signs of cooling off.
already the unemployment rate is slightly higher than in February 2020, the lowest value recorded in 50 years and before the Covid-19 pandemic .
With information from Chris Isidore of CNN Business
Source: CNN Brasil
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