The US jobs report for May is once again a tale of two surveys. All of the indicators derived from the establishment survey — payrolls and wages — were stronger than expected. Those from the household survey — the unemployment and labor force participation rates — were worse than expected.
The US jobs report for May is once again a tale of two surveys. All of the indicators derived from the establishment survey — payrolls and wages — were stronger than expected. Those from the household survey — the unemployment and labor force participation rates — were worse than expected.
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