US firms add more jobs than expected in May
Key data shows that employers created 390,000 roles while the jobless rate stayed at 3.6%. …
As companies compete for workers, pay has been rising faster than it has in years. Last month, the average hourly wage in the US rose to $31.95 (£25.50) last month – up 5.2% compared to a year ago. However, pay growth is failing to keep up with the rising cost of living and slowed in May for a second month in a row.
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