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Home Market Research Money

Jobs Report Eases Recession Fears: What It Means for Your Money

by TheAdviserMagazine
8 months ago
in Money
Reading Time: 1 min read
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Jobs Report Eases Recession Fears: What It Means for Your Money
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The latest May jobs data just delivered a reality check to anyone stockpiling canned goods and preparing for economic doomsday. U.S. employers added 139,000 jobs in May, beating expectations, and the unemployment rate held steady at 4.2 percent — a historically low level that reflects a healthy labor market, according to reports from Investopedia and Reuters. TheStreet echoed this sentiment…



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