US EditionU.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
- The U.S. Economy saw an increase of 139,000 jobs in May, exceeding the projected 130,000, while the unemployment rate remained unchanged at 4.2%.
- Job growth eased from April’s revised figure of 147,000 as both consumers and businesses prepared for the impact of tariffs amid concerns about an economic slowdown.
- Health care accounted for nearly half of the job increases in May, contributing 62,000 new positions, while government employment declined by 22,000 due to reductions in the federal workforce.
- Average hourly earnings rose 0.4% in May, exceeding forecasts, with yearly wage growth at 3.9%, signaling sustained wage gains despite economic challenges.
- Economists indicate that businesses plan to retain workers despite tariff uncertainties, suggesting only a modest jobs market weakening and reduced urgency for Fed rate cuts.
56 Articles
56 Articles
US Economy Added Slightly More Jobs Than Expected In May
by Ireland Owens at CDN - U.S. job growth in May was slightly higher than expected, according to data from the Bureau of Labor Statistics (BLS) released on Friday. The U.S. economy added 139,000 nonfarm payroll jobs in May, slightly above economists’ expectations, the BLS reported. Meanwhile, the unemployment rate remained unchanged at 4.2% in May, according to the BLS. The … Click to read the rest HERE-> US Economy Added Slightly More Jobs Than…
May Job Report Shows 'Strong' Economy, Analysts Say - The Pennsylvania Daily Star
U.S. job growth in May was slightly higher than expected, according to data from the Bureau of Labor Statistics (BLS) released on Friday. The U.S. economy added 139,000 nonfarm payroll jobs in May, slightly above economists’ expectations, the BLS reported. Meanwhile, the unemployment rate remained unchanged at 4.2% in May, according to the BLS. The post May Job Report Shows ‘Strong’ Economy, Analysts Say appeared first on The Pennsylvania Daily …
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