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In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. The final jobs report for 2024 lands Friday. Here ...
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.
In the October report, the BLS estimated that 254,000 jobs were created in September, but that number could vary by as much as 130,000. The actual number of jobs added could be as high as nearly ...
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.
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.
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The May jobs report released Friday showed the US economy remains strong with more than 300,000 jobs created last month, while the unemployment rate rose to 3.7%.
"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 ...