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Job growth continued to slow in May amid economic uncertainty

1. U.S. added 139,000 jobs in May, below previous months' figures. 2. Unemployment rate remained stable at 4.2%, meeting estimates. 3. Private sector payrolls grew significantly with 140,000 jobs added. 4. Manufacturing lost 8,000 jobs, surpassing anticipated decline. 5. Labor force participation rate fell by 0.2%, indicating potential economic concerns.

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FAQ

Why Bearish?

Despite job growth, slower hiring rates and job revisions raise economic concerns, impacting market confidence.

How important is it?

The employment report has significant influence on investor sentiment and market stability, potentially impacting S&P 500 performance.

Why Short Term?

Immediate market reactions expected as investors react to job growth slowdown and participation rates.

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