U.S. Adds 172,000 Jobs in May – More Than Double What Economists Expected
A blowout payrolls report catches markets off guard and complicates the Fed’s rate-cut timeline. The U.S. labor market just delivered a serious surprise. May’s official jobs report showed 172,000 new payrolls – more than double the 85,000 economists had projected. The unemployment rate held steady at 4.3%. Key Numbers 172K Jobs added (May) 85K Forecast […]
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