WASHINGTON — The U.S. employment picture deteriorated further in May, with the economy losing 49,000 jobs in the month and the unemployment rate rising to 5.5 percent from 5 percent in April — the largest increase since February 1986 — the Labor Department reported Friday.
Department stores lost 14,900 jobs to employ 1.5 million, continuing a pattern of declining employment numbers. Specialty stores gained 1,300 jobs to employ 1.5 million, after cutting 1,000 positions in April.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"