Weekly Review
Newsletter - 06/06/2022
Week of May 30, 2022 in Review
The Unemployment Rate held steady in May while home price appreciation surged above 20% on an annual basis in March. Here are the most crucial headlines:
- What the Unemployment Rate Really Shows
- May Private Payrolls Much Lower Than Expected
- What’s Ahead for Jobless Claims?
- Home Prices in March 20.6% Higher Than a Year Ago
What the Unemployment Rate Really Shows
The Bureau of Labor Statistics (BLS) reported that there were 390,000 jobs created in May, which was stronger than expectations of 320,000 new jobs. However, there were negative revisions to the data for March and April, removing 22,000 jobs in those months combined, which tempered the
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