US EditionU.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
- In May, the U.S. Labor market expanded by 139,000 jobs while the unemployment rate remained unchanged at 4.2%, based on data published last Friday by the government’s labor agency.
- This follows downward revisions of 95,000 jobs combined for March and April and ongoing economic uncertainty linked to trade policies and federal spending cuts.
- In May, employment increased in 50% of the key industry sectors, while the federal government continued its downward trend by shedding 22,000 jobs, marking the fourth straight month of declines in that area.
- Hourly wages increased by 0.4% in May, surpassing expectations, as experts noted that the labor market is gradually slowing down but remains steady amid growing economic challenges.
- The data suggest labor market growth is moderating without signaling recession yet, though uncertainty surrounding trade policies and tariffs remains a concern for the outlook.
149 Articles
149 Articles
Job Growth Surges in May, Beats Expectations Again
The U.S. economy once again outpaced expectations in May, adding 139,000 new jobs and maintaining a steady unemployment rate of 4.2%, according to fresh data from the Bureau of Labor Statistics (BLS) released Friday. The post Job Growth Surges in May, Beats Expectations Again appeared first on Slay News.
Stocks Rise as Jobs Surprise Spurs Treasury Losses - Bloomberg Intelligence
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel Steven Blitz, Chief US Economist at TS Lombard, discusses the May jobs report. US job growth moderated in May, with nonfarm payrolls increasing 139,000, and prior months' figures revised lower, indicating employers' caution about growth prospects. Max Chafkin, Bloomberg Businessweek Senior Reporter and and Co-Host of…
The United States created more jobs than analysts expected in May, even when there are signs of fewer recruitments, according to official data released on Friday, which show the resilience of the labor market to the impact of the trade war driven by Donald Trump.Read more]]>
Trump Economy Gains 139,000 Jobs, Despite Drop in Government Employment.
PULSE POINTS:What Happened: U.S. employers added 139,000 jobs in May, while the unemployment rate held steady at 4.2 percent. Who’s Involved: The Department of Labor, President Donald J. Trump, and economists tracking job market trends. Where & When: United States; May 2025, with the data being released on June 6, 2025. Impact: Federal government employment dropped by 22,000 in May, private sector jobs exceeded expectations, and average hourly e…
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