Lates News

Bloomberg's survey of economists' median forecasts shows that the US unemployment rate is expected to remain unchanged at 4.3% in May, while non-farm payroll employment is projected to increase by 89,000. This increase will raise the three-month average job growth rate to its highest level in over a year and spark discussions in the market about the continued acceleration of hiring speed. Forecasters anticipate that the healthcare industry will continue to maintain strong momentum, while cyclical industries such as construction, leisure, and hospitality will also see a rebound in demand, possibly benefiting from the warm weather over the past month. Additionally, manufacturing employment may receive a boost as consumers stock up on goods in response to the potential price hikes due to the Iran war.