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Acting Secretary Sonderling statement on May jobs report

Acting Secretary Sonderling statement on May jobs report WASHINGTON – Acting Secretary of Labor Keith Sonderling issued the following statement regarding the May 2026 Employment Situation Report:“President Trump and this Administration once again produced the best month of job creation since taking office, demolishing economists’ expectations. This Administration is proving the cynics wrong and American workers, families, and businesses are winning.The May Jobs Report overperformed on every level, adding 172,000 jobs and marking the third consecutive month of positive payroll growth. Thanks to President Trump, manufacturing jobs are up 25,000 in 2026 and construction jobs have increased by 71,000 since he took office – a true testament to this Administration’s priorities.Under the President’s leadership, American workers are seeing benefits in real time: rising wages, increased affordability, and over 903,000 private sector jobs added. The Department of Labor remains committe...

In an Unsteady Banking Industry, First Republic’s Problems Stood Out

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By Stacy Cowley from NYT Business Day https://ift.tt/Zp1yceV via IFTTT

Wells Fargo’s Scandals Drag on Profit as It Braces for a ‘Slowing Economy’

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By Stacy Cowley from NYT Business Day https://ift.tt/ZSQpX54 via IFTTT

Little of the Paycheck Protection Program’s $800 Billion Protected Paychecks

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By Stacy Cowley from NYT Business Day https://ift.tt/soHFrdEuC via IFTTT