U.S. Job Growth Surpasses Expectations with 272,000 New Jobs in May In May, the U.S. added 272,000 jobs, significantly surpassing expectations of 190,000 and the previous month’s 165,000. Despite the job growth, the unemployment rate rose to 4%, the highest since January 2022. Job gains were primarily in health care, government, and leisure and hospitality. Average hourly earnings also increased by 0.4% for the month and 4.1% year-over-year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Rangebound Ahead of Key U.S. Inflation Data, Fed Decision READ MORE Invesco Strategist Predicts Multiple Reductions in 2024 READ MORE Gold’s ‘Record March Higher Set To Continue,’ Goldman Says READ MORE Rising Tide of Corporate Debt Defaults: An 80% Surge in 2023 Signals Troubling Trends Ahead READ MORE China's Top Banks Launch $8.3 Billion Bond Sale to Boost Capital Reserves READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment