US Job Growth Is Seen Moderating on Shifting Trade Policy
By and Craig Stirling
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The pace of US hiring probably slowed in May, with employers focusing on containing costs as households become a bit more guarded and businesses reconsidered investment plans against a backdrop of shifting trade policy.
Economists see payrolls rising by 125,000 after job growth in March and April exceeded projections, based on the median of a Bloomberg survey. That would leave the average over the past three months tracking a still-solid 162,000. The unemployment rate is seen holding at 4.2%.
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