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Hiring in the US surged in May. 172,000 jobs were created after upward revisions to the prior two months.
The unemployment rate was unchanged at 4.3%, and average hourly earnings rose 0.3%.
Bloomberg’s Michael McKee has more on this blowout report on Bloomberg Surveillance.
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7Comments

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  1. 3
    @tjevans3025

    We’ve heard this and much more from you over the last year or so, and it’s always later adjusted. The U.S. economy added significantly fewer positions than originally reported, with benchmark revisions showing that total employment growth through March 2025 was revised down by 862,000 jobs. This massive downward adjustment revealed an average reduction of nearly 76,000 positions per month during that 12-month period. In March 2026, the headline figure added 178,000 jobs, while February 2026 was revised down by 41,000 jobs. It seems you like to paint a glossy picture of the health of the U.S. economy—when unemployment, inflation, and GDP are nowhere near the official numbers

  2. 4
    @slottibarfast5402

    When you fire the commissioner of labor statistics because of a bad report you have a right not to believe.

  3. 5
    @slottibarfast5402

    So it’s better than last month and better than expected. The numbers still are not good. If I got a D in chemistry last month and a c minus this month that doesn’t mean I’m good at chemistry. Biden had 250 thousand jobs added on average in 2023.comosred to that these are terrible.

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