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News alert: Hiring surged in May as employers added 339,000 jobs and the labor market continued to shrug off high interest rates and inflation.

Employers added 339,000 jobs in May despite high interest rates and inflation. Unemployment rose to 3.7%

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Fri Jun 2 2023
 
 
MIAMI, FLORIDA - DECEMBER 03: A Now Hiring sign hangs in front of a Winn-Dixie grocery store on December 03, 2021 in Miami, Florida. The Labor Department announced that payrolls increased by just 210,000 for November, which is below what economists expected, though the unemployment rate fell to 4.2% from 4.6%. (Photo by Joe Raedle/Getty Images)
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