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The Labor Department released its May jobs report Friday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg.
"May payrolls were well above expectations, but households reported a significant loss of jobs. The report today continues to point to a soft landing for the economy and should keep market ...
The May jobs report is set for release on Friday, and economists expect it to tell a similar story to last month's report with the labor market cooling from its hot start to 2024 but not entering ...
Based on initial estimates, May’s jobs report from the Bureau of Labor Statistics, due out Friday at 8:30 am ET, could be similar: Economists are expecting job growth of 180,000 payrolls and an ...
US stocks have been slumping heading into the first full-on week of 2025.. In the past five trading sessions, the S&P 500 is down more than 1.5%, while the Nasdaq Composite is off nearly 2% ...
The largest job increases in Friday's report were in healthcare, which added 68,000 jobs in May. Meanwhile, government employment added 43,000 jobs, and leisure and hospitality added 42,000 jobs.
Construction added 25,000 jobs in May, a 7,000 role increase from its 12-month average. In a statement, President Biden said, "Today is a good day for the American economy and American workers."
The May jobs report showed an unexpected rise in the number of non-farm payrolls in the economy and a drop in the unemployment rate from April.