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The Economic Times
The Economic Times
National

US job growth likely slowed in May, labor market seen stable despite oil shock

Washington: U.S. employment ​growth likely moderated in May after two straight months of strong gains, but the ​pace would probably remain consistent with stable labor market conditions.

Economists expected the Labor Department's closely watched employment report on Friday to confirm that the ​Middle East conflict, which has stoked inflation through a surge in oil prices, was yet to have material impact on the jobs market.

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