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Employers added a huge 339,000 jobs in May

U.S. employers added 339,000 jobs in May, smashing the expected 190,000, according to a report from the Labor Department.

With the labor market in an ongoing hot streak, it’s good news for job seekers but a concern for the wider economy and ongoing inflation. Bloomberg senior editor Mike Regan joins host Scott Tong to break down the latest report and its ramifications.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

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