Markets Adding News Today

 Bureau of Labor Statistics  that the economy added 559,000 jobs in May, with the unemployment rate at 5.8 percent.   Of the 7.6 million jobs that remain lost from the pandemic, close to 2.5 million are in the Le isure and Hospitality industry, which includes restaurants, hotels, and entertainment venues. The biggest challenge persists in peoples willingness to return to work, as they receive equivalent to the industrys average wage, depending on the state, in unemployment benefits and th...

Government and Leisure & Hospitality industries post greatest job gains in April. "Maintaining Marchs robust pace of job gain was going to be challenging at some point, but it was expected to be a few months away. We are seeing an earlier, more significant slowdown," said Jay Denton, chief analyst for ThinkWhy. One year ago, the U.S. lost 20.7 million jobs in April 2020 alone, equivalent to 13.8% of total employment at that time. Combined with significant job loss in March 2020,�...