The U.S. economy added more jobs than expected in May, undermining expectations of a cooling labor market, potentially impacting how the Federal Reserve approaches potential interest rate cuts this year.
Nonfarm payrolls rose by 272,000 in May, surging from April’s revised lower 165,000.
The data look not good, but gold price tanked more than 2%!!!
The U.S. economy added more jobs than expected in May,...
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