May 2022 jobs report may show slowed growth. But it’s not all bad.

• Employers have added at least 400,000 jobs a month for the past year.
• The May jobs report could show a slow down in those gains.
• That slowdown may signal that an overheated economy struggling with high inflation is cooling down.

The job growth party isn’t over – but it’s starting to simmer down.

Employers have added at least 400,000 jobs a month for the past year, the longest such streak on record, providing lots of opportunities for people laid off in the pandemic-induced recession and those seeking higher-paying positions.