Employment Report: 139K Jobs Added In May, More Than Expected

Summary

• The latest employment report showed that 139,000 jobs were added in May, down from 147,000 in April but higher than the expected 126,000 addition.
• Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2 percent.
• The unemployment rate held at 4.2 percent in May and has remained in a narrow range of 4.0 percent to 4.2 percent since May 2024.

Paperkites

By Jennifer Nash

The latest employment report showed that 139,000 jobs were added in May, down from 147,000 in April but higher than the expected 126,000 addition. Meanwhile, the unemployment rate remained at 4.2%, as expected.

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