There was surprising strength in the latest U.S. jobs report. Employers added 172,000 jobs in May, the third straight month of job gains. Overall, the labor market appears strong despite concerns about the Iran war, rising prices and artificial intelligence. Amna Nawaz speaks with Diane Swonk, chief economist at KPMG, a multinational accounting and advisory firm, for more analysis.

With economic uncertainty from the Iran war, businesses are likely to pull back further on hiring intentions. Read more at straitstimes.com. Read more at straitstimes.com.

"The data doesn't back it up," says Employ America's Skanda Amarnath, who sees backfilling behind a labor market that's stabilizing.