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The US Employment Situation -- May 2026
Total nonfarm payroll employment increased by 172,000 in May, and the unemployment rate was unchanged at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in leisure and hospitality, local government, and health care. Employment in financial activities declined. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology ... (full story)
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U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Job growth unexpectedly surged in May as the U.S. labor market continued a solid year of expansion, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls jumped a seasonally adjusted 172,000 for the period, down slightly from the upwardly revised 179,000 in April and far above the Dow Jones consensus estimate for 80,000. The unemployment rate held steady at 4.3%, as expected. The report came against a background of muted expectations as employers have held their ground in a low-hire, low-fire environment. While job gains have been largely concentrated in just a few sectors, layoffs also have been moderate, ... (full story)
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From statcan.gc.ca|3 hr ago|4 commentsEmployment increased by 88,000 (+0.4%) in May and the employment rate rose 0.2 percentage points to 60.7%. The unemployment rate fell 0.3 percentage points to 6.6%. Employment ...
From robinjbrooks.substack.com|4 hr ago|3 commentsYesterday’s post was motivated by a recent ECB report that’s created the impression gold is replacing the Dollar as central banks’ favored reserve asset. That’s not what’s going ...
From @financialjuice|4 hr ago|27 commentsThe US Navy was "forced to flee’ after Iran fired a missile and drone - Iran's Tasnim News Iran's Navy: Fired warning shots at US destroyers in the Gulf of Oman - State media HORMUZ TENSION IS TURNING INTO A NAVAL RISK TRADE Iranian state media said its navy targeted a U.S. destroyer in the Gulf of Oman after alleged Strait of Hormuz violations. CENTCOM denied it, saying: “Iran is lying. U.S. military assets at sea continue to fly, sail, and… pic.twitter.com/tGBUKyq1co TASNIM: US NAVY ‘FORCED TO FLEE' AFTER IRAN FIRED MISSILE, DRONE pic.twitter.com/7mbDMOitYJ
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From moneycheck.com|2 hr 59 min agoThe precious metal is experiencing downward pressure this week as escalating Middle Eastern hostilities keep crude oil prices elevated and trigger concerns about persistent ...
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