US adds 390,000 jobs, pointing to solid economy
US adds 390,000 jobs, pointing to solid economy
By CHRISTOPHER RUGABER | Associated Press
WASHINGTON — U.S. employers added 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and rising interest rates.
Last month’s gain reflects a resilient job market that has so far shrugged off concerns that the economy will weaken in the coming months as the Federal Reserve steadily…