US job growth surged past expectations in May with the unemployment rate remaining steady, as the labor market in the world's largest economy showed signs of firming after months of turbulence.

The US labor market appears to have found its footing: The economy added 172,000 jobs in May, shattering expectations, new data from the Bureau of Labor Statistics showed Friday.

The US labor market appears to have found its footing: The economy added 172,000 jobs in May, shattering expectations, new data from the Bureau of Labor Statistics showed Friday.

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

Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare companies 35,000.