Restaurants and bars added 48,000 jobs in May, contributing to a solid month of employment gains. Local government and healthcare were also hiring last month.
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U.S. employers added jobs for the third month in a row in May, while the unemployment rate held steady at 4.3%. But wage gains softened and likely failed to keep pace with rising prices.
Restaurants and bars added 48,000 jobs in May, contributing to a solid month of employment gains. Local government and healthcare were also hiring last month.
Brandon Bell/Getty Images
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Brandon Bell/Getty Images

The labor market has been growing at a stable but slower pace in 2026, but job gains in May were far stronger than expected.

Is the jobs market back? U.S. employers added 172,000 jobs in May, beating expectations.

The US labor market appears to have found its footing: The economy added 172,000 jobs in May, shattering expectations, new data…

The US labor market appears to have found its footing: The economy added 172,000 jobs in May, shattering expectations, new data…

Leisure and hospitality led hiring, while financial activities shed jobs for the 12th consecutive month

The labor market is strengthening after months of lackluster jobs growth,