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Hiring blew past expectations in May despite a continued rise in inflation set off by the war in Iran
The U.S. added a robust 172,000 jobs in May despite growing inflation and energy prices triggered by the ongoing war with Iran
Data released before Friday’s report suggested the job market was finding its footing. The report beat analyst expectations of an 85,000 gain.
The U.S. added 172,000 jobs in May and the unemployment rate stayed at 4.3 percent, a strong showing for the labor market.
Hiring blew past expectations with 172,000 jobs added in May. The unemployment rate held at 4.3%.
US employers added 172,000 jobs last month, smashing expectations. The unemployment rate held at 4.3%.
