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America has posted a sharp slowdown in job growth
13:15 - 08/06/2019
Information / Baghdad ..
US job growth slowed sharply in May and wages rose less than expected, suggesting that the loss of momentum in economic activity is expanding in the labor market.
Jobs in the non-farm sectors increased 75,000 jobs last month, less than the 100,000 jobs required per month to keep up with the growth in the working-age population, the government said in its closely monitored jobs report.
The economy provided 75,000 fewer jobs in March and April than previously estimated.
Economists polled by Reuters had expected jobs to rise 185,000 last month.
Monthly wage growth remained modest in May, with the average wage rising by 6 cents, or 0.2 percent, after a similar rise in April. Ending / 25
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