America's surprisingly resilient job market may have delivered yet another month of solid hiring and pay gains in May, if economists' forecasts prove to be correct. Still, some signs of cooling could emerge in the government report being released Friday.
Analysts have estimated that hiring slowed to a still-healthy pace of 190,000 added jobs last month, according to a survey by the data provider FactSet. That would mark a decline from the robust 253,000 jobs that were gained in April and would fall below the average for the previous three months of about 220,000. The unemployment rate is projected to rise slightly to 3.5% from a five-decade low of 3.4%.
