A metric showing how many workers are employed or in search of work, rose to highest level on record dating back to 1948 in May among women between the ages of 25 and 54.
The measurement, known as the labor force participation rate, increased to 77.6% last month, data released Friday by the U.S. Bureau of Labor Statistics showed. Overall labor force participation among prime age workers between 25 and 54 rose to 83.4% in May. That's the highest level since April 2002, when the prime participation rate was 83.6%.In response to the Bloomberg News report about
exploring adding wireless service to its Prime members, Amazon spokesperson Bradley Mattinger released the following statement: "We are always exploring adding even more benefits for Prime members, but don't have plans to add wireless at this time."down about 7%. Shares of Amazon are up more than 2%.reached its highest level since April 2022 amid Friday's rally.
The technology-heavy index has rallied in recent months amid excitement around artificial intelligence.
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