Economic Report: Jobs report likely to show further slowdown in U.S. hiring

The U.S. economy is still adding lots of new jobs, but a strong labor market does appear to be fraying around the edges.

Here’s what to watch for in the May U.S. employment report, due on Friday morning.

The forecast

The U.S. is expected to add 180,000 jobs in May, down from 253,000 in the prior month, economists polled by the Wall…