Jobs report shows improving labor market - Trade Only Today

Jobs report shows improving labor market

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Data released today reveal the number of workers filing new claims for jobless benefits fell last week, while private employers added jobs in May, further evidence the labor market is improving.

The news comes ahead of the government's closely watched employment report due on Friday, which is expected to show non-farm payrolls increased by 513,000 in May, buoyed by hiring for the U.S. Census, after a 290,000 increase in April. That would mark five straight months of job gains.

Click here to read the full report by Reuters.

Click here for the press release from the U.S. Department of Labor.


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