US Jobs Report May 2025: Live News on Employment, Payrolls

The US Jobs Report for May 2025 brought key insights into the state of the economy. The US added 139,000 jobs, surpassing expectations, while the unemployment rate remained stable at 4.2%. Wage growth outpaced inflation, providing a boost to consumer spending. However, job growth slowed compared to previous months, with downward revisions to prior payrolls data. The labor force participation rate dropped to 62.4%, its lowest in three months. Notably, the healthcare sector saw significant job gains, adding 62,000 positions, while leisure and hospitality also grew strongly. Manufacturing and federal government employment declined, with the latter shedding 22,000 jobs, the most since 2020. Following the report, Treasury yields rose, S&P 500 futures gained, and the dollar strengthened.
— new from Bloomberg

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