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Golden Ten Data, May 31 — According to the median forecast in a Bloomberg survey of economists, the US unemployment rate in May is expected to remain unchanged at 4.3%, while non-farm payrolls are set to increase by 89,000. This growth would push the three-month average job growth to its highest level in over a year and spark discussions in the market over whether the pace of hiring will continue to accelerate. Forecasters expect the healthcare sector to maintain its strong momentum, while cyclical sectors such as construction, leisure, and hospitality are also projected to rebound, potentially benefiting from warmer weather over the past month. Additionally, with consumers stockpiling goods to guard against potential price increases driven by the Iran war, manufacturing employment may also receive a boost.

The on-chain liquidity protocol Raydium has reached a cumulative trading volume of over 1 trillion USD. This month, the protocol’s tokenized equity trading volume surpassed 1 billion USD, including transactions of US-listed stocks such as Tesla and Nvidia, which were completed via Raydium liquidity pools through cooperation with xStocks and related issuers. In addition, the RAY token has been listed on the Revolut and Robinhood app stores.

According to data from Alberta Wildfire, there are six out-of-control wildfires spreading in the Lac la Biche area, where many of Canada's largest in-situ oil sands wells are concentrated. The largest of these wildfires has already reached an area of 1,000 hectares (2,471.1 acres). Several major oil sands sites are only 11 to 19 kilometers away from wildfires larger than 10 hectares. The Conklin community, which has about 229 residents, has been instructed to prepare for immediate evacuation if necessary.