Greg Smith: Devon Funds Management Head of Retail on boost in USA job market

America’s employers added 272,000 jobs in May, accelerating from April - despite persistently high interest rates.  Devon Funds Management Head of Retail, Greg Smith, told Mike Hosking “Despite all this, the unemployment rate has ticked up to 4 percent.”  Smith said “We’re seeing plenty of new jobs, but some of the old ones are going – I suppose some industries are cutting back as the economy softens.”  LISTEN ABOVE. See omnystudio.com/listener for privacy information.