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US labor market shows resilience despite Middle East conflict and oil price surge
MULTIPLE REPORTS·Published ·Main source · Business Times
Story essentials
US Bureau of Labor Statistics, US businesses
United States
Original reports
US nonfarm payrolls increased by 172,000 in May, exceeding economist expectations.
The unemployment rate remained steady at 4.3% for the third consecutive month.
There is no material impact on the labor market from the conflict in the Middle East and the resulting oil price surge.
Businesses are maintaining a 'slow-hire, slow-fire' approach amid ongoing economic uncertainty.
This page is produced by collecting and structuring multiple public reports. Sections based only on reporting or testimony affect the displayed assessment, and the page is updated when new information is identified.
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
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