US Edition
May Jobs Report Reveals Further Labor Market Stability—139,000 Jobs Added Last Month
- A government report for May showed an increase of 139,000 nonfarm jobs while the unemployment rate remained steady at 4.2%.
- This report followed downward revisions of 95,000 jobs for March and April and occurred amid concerns about tariffs, high interest rates, and economic uncertainty.
- Job growth concentrated in healthcare, leisure, hospitality, and social assistance sectors while federal government employment declined by 22,000 jobs.
- In May, the average hourly wage increased by 3.9% compared to the previous year, reaching $36.24, which outpaced the 2.1% inflation rate recorded in April, highlighting ongoing strength in earnings.
- Markets welcomed the better-than-expected job gains, yet economists caution that slower hiring and policy uncertainty suggest the labor market requires close monitoring.
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Bay News 9Charges filed against deported man; U.S. adds 139,000 jobs
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·Orlando, United States
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The US economy added 139,000 jobs in May and a stable unemployment rate, showing a sustainable labour market: markets react
Coverage Details
Total News Sources23
Leaning Left2Leaning Right6Center10Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
11%
C 56%
R 33%
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