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Analyzing the May Jobs Report: A Mixed Bag for the Labor Market

Steve Sosnick, Chief Strategist at Interactive Brokers, joins Remy Blaire to discuss the latest U.S. labor market data, particularly focusing on the nonfarm payrolls report for May, which showed an increase of 139,000 jobs and an unemployment rate holding steady at 4.2%. While the numbers were better than expected, private payrolls fell short of expectations, raising questions about the overall health of the labor market.

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