Washington | US jobs growth moderated in May and the prior months were revised lower, indicating employers are cautious about growth prospects as they weigh the Trump administration’s economic policies.
Nonfarm payrolls increased 139,000 last month after a combined 95,000 in downward revisions to the prior two months, according to Bureau of Labour Statistics data out on Friday. The unemployment rate held at 4.2 per cent, while wage growth accelerated.
