US EditionHiring Slows in May but No Sign of Collapse Yet
- In May 2025, the U.S. Economy saw an increase of 139,000 jobs while the unemployment rate held firm at 4.2 percent.
- This slowdown follows eleven Federal Reserve interest rate increases in 2022 and 2023 aimed at curbing inflation and raising borrowing costs.
- Despite slower hiring, job openings unexpectedly rose to 7.4 million in April, layoffs ticked up, and fewer Americans quit their jobs last month.
- Wages increased 0.4 percent from April and 3.9 percent from a year earlier, with most job gains in healthcare and hospitality offset by losses in manufacturing and retail.
- The job market shows signs of deceleration amid trade uncertainties and tariffs, suggesting potential risks but no imminent recession yet.
22 Articles
22 Articles
How to Land a Job in 2025 Despite Slowdown in Hiring
The economic outlook has been shaky this year for recent graduates and others searching for employment opportunities, and may be shakier still after a slowdown in job growth last month. The pace of growth has overall been solid—if not broad-based—but softened in May. The Bureau of Labor Statistics’ (BLS) Friday report indicated an increase of 139,000 jobs last month, down from the 147,000 payroll gains seen in April—though still close to the ave…
Hiring slows in May but no sign of collapse yet
(NewsNation) — Friday's jobs report echoed a now-familiar theme: The labor market is cooling — slowly but steadily. U.S. employers added a solid 139,000 jobs last month despite uncertainty over President Trump's on-again-off-again tariffs, new Labor Department data shows. The unemployment rate held steady at 4.2%. Harvard economist Jason Furman wrote that it was "a boring jobs report, in a good way," noting that it's "hard to see any adverse imp…
US Economy Adds 139,000 Jobs in May | Business Matters (June 6)
U.S. employers slowed down their hiring last month, but still added a solid 139,000 jobs. Health care companies added 62,000 jobs, while bars and restaurants gained 30,000. Meanwhile, the federal government shed 22,000 jobs. ...
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