May Jobs Report Reveals Further Labor Market Stability—139,000 Jobs Added Last Month
- The Labor Department's report released Friday showed an increase of 139,000 jobs in the U.S. Nonfarm payrolls during May.
- This followed downward revisions totaling 95,000 jobs for March and April, amid concerns about tariffs and high interest rates.
- Most of the new jobs were created in sectors such as medical services, entertainment, food service, and community support, while employment within the federal government shrank by 22,000 positions.
- Hourly wages increased by 3.9% from the previous year to reach $36.24, while the unemployment rate remained unchanged at 4.2%, in line with expectations.
- The report indicates slowing job growth in 2025 but suggests labor market stability, supporting the Federal Reserve's steady interest rate approach.
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Charges filed against deported man; U.S. adds 139,000 jobs
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Read Full ArticleThe US economy added 139,000 jobs in May and a stable unemployment rate, showing a sustainable labour market: markets react
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Total News Sources23
Leaning Left2Leaning Right6Center9Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
12%
C 53%
R 35%
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