U.S. job gains totaled 272,000 in May, more than expected
- There was a 272,000 job increase in May, maintaining a 4% unemployment rate.
- Job creation exceeded predictions by 100,000, surpassing April's 165,000 new positions.
- Non-Farm employment exceeded the 12-month average of 232,000 according to the Labor Department.
116 Articles
116 Articles
In my month, 272,000 new jobs have come to the American labor market outside of agriculture.
US economy added a whopping 272,000 jobs in May
May’s job gains are considerably higher than the April total, which was revised down to 165,000. The May data came in well above expectations for 180,000, according to Bureau of Labor Statistics data released Friday.
US Economy Adds 272,000 New Jobs, Unemployment Ticks Up to 4 Percent in May
The U.S. economy created 272,000 new jobs in May, topping economists’ estimates and defying observations that the labor market could be cooling off. The latest figure could further challenge investor expectations that the Federal Reserve might pull the trigger on an early rate cut. The latest reading was up from the April gain of 165,000 jobs, according to the Bureau of Labor Statistics (BLS). It topped the consensus forecast of 185,000. Last mo…
U.S. employers add 272,000 jobs in May, unemployment rate at 4%
WASHINGTON — America’s employers added 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates.
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