The May jobs report shows signs of labor-market acceleration as unemployment falls

The US added 559,000 payrolls, missing the estimate for a 674,000-job gain. The unemployment rate fell to 5.8% from 6.1%, beating the 5.9% estimate.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. The May jobs report shows signs of labor-market acceleration as unemployment falls The US added 559,000 payrolls, missing the estimate for a 674,000-job gain. The unemployment rate fell to 5.8% from 6.1%, beating the 5.9% estimate. READ MORE Premium From WPP to Omnicom, these ad agencies hard hit by the pandemic are aggressively hiring again for hundreds of roles Recruiters say it's a buyers' market and that some agencies are having trouble filling some roles. READ MORE WeChat owner bans spanking, lip-licking, and nose-picking on the messaging app's live-stream content Tencent has published a list of "violations" on WeChat's live-streaming platform, including fortune telling and wearing underwear on your head. READ MORE Premium How 2 former Googlers convinced Johnson & Johnson to bet on the hottest part of healthcare and raised $47 million in the process Thirty Madison hit a more than $1 billion valuation in June. Here's how the healthcare startup won over investors in 2020. READ MORE The labor market is on track to complete its post-COVID recovery 15 months from now The US added 559,000 jobs in May, but the labor market is far from healed. And even a full recovery doesn't make up for a year of lost job creation. READ MORE Premium WarnerMedia is pitching an ad-supported HBO Max tier, but some advertisers say the rates are too expensive and are skeptical of the value The new tier is seen as a way to boost subscriptions and compete with rivals like Netflix and Hulu. READ MORE Wages are climbing at the fastest rate since the 1980s as businesses scramble to attract workers Businesses faced two options as the US reopened: stick to the status quo or pay more to bring in workers. Data suggests they're picking the latter. READ MORE Premium A quant-trading chief breaks down a simple 2-step method for finding future meme-stock candidates — including 2 he thinks could pop next after AMC's 2,500% surge this year David Starr of Simpler Trading lays out a basic but effective approach to trading meme stocks like AMC, and names two that could pop next. READ MORE Premium Walmart is quietly laying plans to care for patients in 16 more states as it pushes into online care Walmart Health's filings are related to the company's pending acquisition of the small telehealth provider MeMD. READ MORE Premium A 15-year Goldman Sachs veteran who is now TradeBlock's CEO breaks down why she has 'zero doubt' that the massive wave of institutional investors moving into crypto will continue despite the recent correction — and shares 2 trends she expects to keep gaining traction Breanne Madigan shares why she is "100% convinced" by crypto, has "zero doubt" institutional adoption will take off, and 2 trends that will continue. READ MORE Email sent to: ipat39@gmail.com   |   Manage preferences   |   Unsubscribe Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006