US Jobs Growth Slightly Surpasses Expectations in May
TL;DR Summary
US job growth slowed in May to 139,000 new jobs, slightly below expectations, while the unemployment rate remained steady at 4.2%, providing the Federal Reserve with a potential pause to delay interest rate cuts. Market reactions included gains in stocks and bond yields, with analysts viewing the report as a sign of a resilient labor market that may support continued economic growth.
- US payrolls growth slows in May, unemployment rate steady Yahoo Finance
- U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2% CNBC
- Hiring in U.S. Remained Steady in May The New York Times
- The US economy added 139,000 jobs in May, slightly more than expected CNN
- TRUMP EFFECT: Higher Pay for American Workers The White House (.gov)
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