U.S. job gains totaled 272,000 in May, more than expected

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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.

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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…

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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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US adds 272,000 new jobs in May — blowing past estimates

The US jobs report could offer some insights into whether the economy is cooling to the point where consumers could see some relief from inflation.

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The share of non-U.S. agricultural jobs was largely unchanged in May, ending at four percent.

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U.S. Adds 272,000 Jobs In May, Beating Expectations

The U.S. added 272,000 jobs in May, beating expectations, while the unemployment rate remained steady at 4%. The figures from the Bureau of Labor Statistics show a continued robust labor market in spite of signs of a more significant slowdown elsewhere. The big gains were in health care, government,; leisure and hospitality and professional, scientific, […]