Business Rundown: May Jobs Report Blows Past Expectations

The May jobs report showed a swelling American labor market, adding 272,000 jobs last month, which blew past most economists’ estimates. In the housing market, an increasing number of young people are saying housing affordability will be a top voting issue for them in 2024. FOX Business’ Lydia Hu speaks with Gary Kaltbaum, Kaltbaum Capital Management President and FOX Business contributor, breaking down the mixed message sent by the May jobs numbers. Later, they discuss how they would handle a Mega Millions jackpot and reports of a possible Texas stock exchange. Learn more about your ad choices. Visit megaphone.fm/adchoices