U.S. job gains in May seen slowing to 13-month low of 328,000
June 02, 2022 at 11:12 AM EDT
Rising U.S. interest rates and the prospect of slower economic growth in the months ahead suggests hiring is also likely to wane --- and that's what Wall Street expects in May. The number of new jobs the U.S. created in May is expected to slow to a 13-month low of 328,000.