The Labor Department's May jobs report is expected to show that while payroll growth continued at a modest pace, it slowed markedly from previous months.
In total, there is a gap of roughly 5.46 million between job openings and the number of available workers, suggesting the labor market is still extremely tight.
to move more aggressively. Central bank policymakers raised interest rates by 50-basis points in May for the first time in two decades and have signaled that similar-sized hikes are on the table at coming meetings.
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