US job growth likely slowed in May, labor market seen stable despite oil shock
- Posted on June 5, 2026
- By Business News Today
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- 1 min read
US job growth likely slowed in May, labor market seen stable despite oil shock
America's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middle East conflict has not yet significantly impacted jobs. Fiscal stimulus is supporting businesses. Businesses are cautious about hiring due to uncertainty. Layoffs are low, maintaining a balanced job market.