3 days ago
US Job Growth Is Seen Moderating on Shifting Trade Policy
By and Craig Stirling
Save
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%.
