Job market is cooling, but not fast enough to alarm Fed policymakers

An estimated 7.24 million Americans were unemployed in May, as hiring by private employers slowed and the federal government continued to shrink its payroll.

Jun 8, 2025 - 21:05
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Job market is cooling, but not fast enough to alarm Fed policymakers
An estimated 7.24 million Americans were unemployed in May, as hiring by private employers slowed and the federal government continued to shrink its payroll.