May's US jobs report: Strong labor market defies economic uncertainty. Despite tariff and interest rate concerns, 139,000 nonfarm jobs were added, exceeding expectations and boosting stock markets. Unemployment held steady at 4.2%
US Labor Market Strength Amidst Economic Slowdown Concerns: May Jobs Report Shows Steady Growth Despite Uncertainty
May Jobs Report: US Adds 139,000 Nonfarm Jobs, Exceeding Expectations. The Labor Department reported stronger-than-expected job growth in May, adding 139,000 nonfarm positions (seasonally adjusted), exceeding the Dow Jones estimate of 125,000. Unemployment held steady at 4.2%
May's jobs report: US adds 139,000 jobs, exceeding Dow Jones' 125,000 estimate. Unemployment holds steady at 4.2%
May's unemployment rate held steady at 4.2%, matching forecasts and mirroring March and April's figures. This stable unemployment rate, despite slower-than-expected job growth, signals relative strength in the U.S. labor market amidst economic uncertainty
May's jobs report reveals strong growth in healthcare and food services, offset by a 22,000 federal government job decline. This follows downward revisions to previous months' job growth figures
US Job Growth Revised Down: May's Positive Numbers Offset by Weaker Previous Months. Government revisions to March and April job growth figures reveal a net loss of 81,000 positions over the past three months, despite a better-than-expected May jobs report. This downward revision impacts the overall assessment of recent labor market performance
May Jobs Report: Steady Labor Market Slowdown, Fitch Ratings Says Despite slower job growth, the May jobs report shows a resilient labor market, according to Fitch Ratings. While the pace is moderating, the U.S. economy isn't facing a catastrophic downturn
US Stock Market Soars After Strong Jobs Report: Dow, S&P 500, and Nasdaq Surge. Following a positive May jobs report, the Dow Jones Industrial Average futures jumped 0.7% (300 points), while the S&P 500 and Nasdaq futures climbed 0.8% and 0.9%, respectively. These gains build on optimism surrounding easing US-China trade tensions and a potential resolution to the Trump-Musk conflict
May Jobs Report Shows Slowing Growth, Strong Wages: Despite weaker-than-expected private sector job growth in recent months, the May jobs report revealed 139,000 nonfarm jobs added, exceeding economist forecasts. While overall job creation slowed in 2025, with an average of 127,000 jobs added monthly through May (compared to 180,000 in 2024), average hourly earnings rose 3.9% year-over-year, outpacing inflation. This positive wage growth offers encouraging news for American workers amidst economic uncertainty
Unemployment Rate Forecast: Will 2024 Hit 4.8%? JPMorgan Chase forecasts a potential unemployment peak of 4.8% in 2024, the highest since 2021 (excluding the COVID-19 pandemic), raising concerns about tariff uncertainty, economic weakness, and the impact on the labor market. Economists are closely analyzing supply-side factors like immigration restrictions and demand-side pressures from trade uncertainty to understand the evolving job market dynamics. This follows May's jobs report showing slower-than-expected job growth, fueling debate about a potential economic slowdown
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