Says slain African-American George Floyd might be pleased by report, which shows over 2.5 mn jobs were added in May amid Covid-19, and predicts the battered economy will recover all jobs by next year
Unlike past leaders, my goal is to ensure that this power of incentives works in America's favor, said US president Donald Trump
The sharp step-down in payrolls was another blow to President Donald Trump who has suffered a series of setbacks in recent weeks
Economists blame soft productivity on a shortage of workers, which could be an obstacle to faster economic growth
The unemployment rate is forecast to stay steady at the 4.1% recorded a month earlier
That is the longest such stretch since 1970, when the labor market was smaller
Wage gains have remained sluggish even as the unemployment rate has tumbled to a 16-year low of 4.3%