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U.S. Jobs Growth Slowed Substantially In May

Written by The Ashton Report

The U.S. economy created 75,000 net new non-farm payroll jobs in May, a substantial slowdown from recent gains. The Bureau of Labor Statistics also revised downward the earlier reported gains for March and April by 75,000. Average wage growth slowed slightly from 3.2% in April to 3.1% in May. Nearly all the gains in May…

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