A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022.
Olivier Douliery | AFP | Getty Images
The U.S. payrolls report for May blew past expectations, supported by strong jobs gains in the professional and business services sector — as well as a jump in government employment.
Professional and business services led job creation for the month with 64,000 new hires, following an increase of similar size in April, the Bureau of Labor Statistics said Friday.
Government added 56,000 jobs last month, higher than the average monthly gain of 42,000 over the prior 12 months. Employment in government is still below its pre-Covid pandemic level by more than 200,000 jobs.
Job gains…
Source cnbc.com