Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries US job growth jumps by 272K in May while unemployment unexpectedly rises By: FOX Business June 07, 2024 at 08:33 AM EDT The May jobs report released Friday provided a look at the labor market's health as the economy continues to confront high interest rates and inflation. Employers added 272,000 jobs in May, the Labor Department said in its monthly payroll report released Friday, easily topping the 185,000 gain forecast by LSEG economists. But the unemployment rate unexpectedly inched higher to 4% against expectations that it would hold steady at 3.9%.This is a developing story. Please check back for updates. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
US job growth jumps by 272K in May while unemployment unexpectedly rises By: FOX Business June 07, 2024 at 08:33 AM EDT The May jobs report released Friday provided a look at the labor market's health as the economy continues to confront high interest rates and inflation. Employers added 272,000 jobs in May, the Labor Department said in its monthly payroll report released Friday, easily topping the 185,000 gain forecast by LSEG economists. But the unemployment rate unexpectedly inched higher to 4% against expectations that it would hold steady at 3.9%.This is a developing story. Please check back for updates.