Tariff tremors: US adds 139,000 jobs in May even as hiring slows...

added a post in Business

2025-06-06 13:09:15 -

Tariff tremors: US adds 139,000 jobs in May even as hiring slows and recession fears grow

US employers added 139,000 jobs in May, a slowdown from April's revised 147,000, while the unemployment rate remained at 4.2%. This undershot expectations amid concerns over Trump's tariffs and federal workforce cuts. Economists fear potential recessionary effects as economic momentum weakens, despite the labor market's resilience thus far.

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