Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.

Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.

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…

US unemployment holds steady at 4.3% with job growth exceeding expectations. Rate cut in 2026 at 6.5% YES.