The May jobs report won’t shake the Fed off course ...Middle East

Quartz - Economy
The May jobs report won’t shake the Fed off course
source : Quartz ( Middle East ) () 17
The US labor market expanded briskly in May, adding 559,000 jobs as the unemployment rate declined to 5.8%.Though more jobs are always better, this report underscores that the US is not facing a labor shortage, but simply recovering from a severe economic shock. There is a ways to go: Economists estimate the US is nearly 8 million jobs behind the level of employment that would have been reached absent the recession.https://datawrapper.dwcdn.net/xlYVZ/4/Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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