May jobs report surprises to the upside | Fox Business

May jobs report surprises to the upside | Fox Business

C3 IoT CEO Tom Siebel on the cyber security risks from wearable devices for children, the rise of artificial intelligence and how AI will impact the U.S. job market.

The U.S. added a higher-than-expected number of jobs in May – with the Labor Department reporting that 223,000 jobs were added, more than the 188,000 jobs analysts polled by Thomson Reuters were expecting.

Wage inflation came in above expectations, at 0.3%. Analysts polled by Thomson Reuters were anticipating wages would increase by 0.2%.

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