May Jobs Report Comes In Hotter Than Expected
An article on Kiplinger’s
The May jobs report was released Friday morning, giving the Federal Reserve the latest update on the labor market ahead of its upcoming policy meeting slated for June 16-17.
The labor market is showing signs of resilience, with the U.S. adding 569,000 new jobs so far in 2026, or 113,800 per month on average.
This includes the 172,000 new jobs the U.S. added in May, as reported by the Bureau of Labor Statistics (BLS). This blew past economists' consensus estimates for the addition of 80,000.
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