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Will the Fed raise interest rates again? US nonfarm payrolls skyrocket past expectations
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U.S. job growth accelerated in May while wage gains increased solidly, pointing to a persistent labor market that continues to remain dynami Show More
U.S. job growth accelerated in May while wage gains increased solidly, pointing to a persistent labor market that continues to remain dynamic that could compel the Federal Reserve to keep interest rates higher for longer as it fights to bring inflation under control.

Summary
•Nonfarm payrolls increase by 339,000 in May
•Unemployment rate rises to 3.7% from 3.4%
•Average hourly earnings rise 11 cents; up 4.3% year-on-year
•Employment in leisure and hospitality continued to trend up in May

Q:
1.Did the employment data conform to your expectations?
2.Will the Fed raise interest rates again?

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