The Globe and Mail reports in its Saturday, June 6, edition that the American job market remains strong, adding 172,000 jobs in May, nearly double expectations, while the unemployment rate holds steady at 4.3 per cent. An Associated Press dispatch to The Globe reports that although job growth slightly declined from 179,000 in April, hiring has bounced back from a challenging 2025 amid high energy prices from the Iran war. Notable job gains included 55,000 in local government, 48,000 in restaurants and bars, and 35,000 in health care. Job market strength is evident as Labor Department revisions added 93,000 jobs in March and April. From March to May, job growth averaged 188,000 per month, the best three-month hiring period since early 2024. Navy Federal Credit Union economist Heather Long says: "The hiring recession is over. American firms are hiring again. The job rebound is happening in almost every industry. ... This is encouraging news for job seekers and for the U.S. economy. The labour market has stabilized and is showing early signs of a genuine rebound." Despite the pickup in hiring, wage gains were modest, which could reassure the inflation fighters at the Federal Reserve.