May’s Hiring Rise: Employment Surges by 272K, Wage Growth Hits 4.1%

Article Summary – In May, employment saw gains in several industries, including health care, government, leisure and hospitality, as well as professional, scientific, and technical services. Wage growth also continued, with average hourly earnings rising by 4.1 percent over the past year. Meanwhile, the unemployment rate stands at 4.0 percent. Wage Growth and Work Hours […]