Good morning. It's Saturday, June 8, and in this weekend edition, we're covering an unexpected US jobs report, previewing the Triple Crown's last leg, and much more. First time reading? Join over 3.5 million readers. Sign up here.
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US employers added 272,000 nonfarm jobs in May, exceeding economist estimates of 190,000 and surpassing the downwardly revised 165,000 jobs in April, according to government data released yesterday. However, the unemployment rate rose to 4%, the highest jobless level since January 2022. Economists had expected the rate to remain unchanged from April's 3.9%.
Most of the jobs in May were added in healthcare (68,000), government (43,000), and leisure and hospitality (42,000). Average hourly earnings in May were also higher than expected, rising 0.4% month-over-month and 4.1% year-over-year. View all data here.
Analysts say the report suggests the economy continues to be resilient and lowers the likelihood of any interest rate cuts until after September; the Federal Reserve previously projected three rate cuts this year. The Fed is expected to leave its benchmark federal funds rate—which has been at a range between 5.25% and 5.5% since July—unchanged at its meeting next week. Learn how the rate is set here. |
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Houthi rebels detain Yemeni international aid workers.
The Houthis, who took control of Yemen's capital nearly 10 years ago, reportedly detained the group of international aid workers following a series of raids. Of those detained, at least 11 are UN staffers, three are from a US-funded prodemocracy group, and three are from local human rights organizations. The circumstances of the detainment are unclear.
Phoenix and Las Vegas break daily records as western US swelters.
Phoenix reached 113 degrees Thursday, breaking a record for the hottest daily temperature for this time of year that was last set with 111 degrees in 2016. Las Vegas also broke a record, reaching 111 degrees. Extreme temperatures are expected to continue through today in California, Nevada, and Arizona thanks to a heat dome (see 101).
Supreme Court justice's 2023 financial disclosures released.
Supreme Court justices have long been required to annually disclose their finances, including conflicts of interest. They have come under closer scrutiny after a 2023 report found Justice Clarence Thomas accepted paid vacations and gifts without disclosure. The filings for 2023 showed Thomas amended his 2019 disclosure to include two trips paid for by billionaire Harlan Crow. The filings (see here) also revealed book royalties earned by four justices, rental properties, and more.
Last leg of horse racing's Triple Crown takes place today.
Saratoga Springs, New York, hosts the Belmont Stakes (6:41 pm ET, Fox) for the first time due to construction at Belmont Park, New York, where the race typically occurs. Another change for the 156th running of the Belmont Stakes is the prize increase of $2M, from $1.5M in 2023. The winners of this year's Kentucky Derby (Mystik Dan) and Preakness (Seize the Grey) are among the 10 horses competing in the last leg.
Oklahoma wins record fourth straight NCAA softball title.
The Oklahoma Sooners defeated the Texas Longhorns 8-4 in Game 2 of the 2024 Women's College World Series championship, securing their fourth consecutive win and their eighth overall title. Oklahoma is now tied with Arizona for the second most championships won, behind UCLA's 12 championships.
US defeats Pakistan in historic upset at cricket World Cup.
The US is cohosting the T20 World Cup and participating in it for the first time ever. Team USA, which features all part-time players, beat Pakistan in the group-stage round of the tournament. Pakistan won the T20 World Cup in 2009 and was runner-up in 2007 and 2022. Pakistan's match against rival India, which won in 2007 and was runner-up in 2014, takes place tomorrow. Cricket is the second most watched sport in the world, behind soccer (see overview). |
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A 5-year-old boy's former teacher donates her liver to save the boy's life. (More)
An 88-year-old Maryland foster mom is honored for raising over 40 children. (More)
College administrator's daily gratitude videos encourage people to appreciate the little things. (More)
New Jersey mom receives her master's hood from her 3-year-old son on stage at her Princeton graduation. (More)
Canadian food bank to open country's first free full-scale grocery store this summer. (More) |
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Today, we're sharing a story from reader Maria B. in Ontario, Canada.
"Recently I topped up my gas tank with premium gas (approximately half a tank). I proceeded to the kiosk to pay and another woman and I met at the door at the same time. We both said, 'Go ahead.' She said, 'You go ahead because I don't want to leave my bicycle unattended out here.' I said, 'Well, you go first and I'll watch your bike.' She thanked me and went in. On her way out she said, 'Thanks so much for watching my bike—you don't have to worry about the gas, I got it.' I was truly surprised and very thankful!"
What act(s) of kindness did you experience this week? Tell us here. |
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"Perhaps one did not want to be loved so much as to be understood." |
- George Orwell, from "Nineteen Eighty-Four" |
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