The US added 172,000 jobs in May 2026, doubling forecasts. Bitcoin fell below $62K as the strong report fueled expectations for Fed rate hikes later this

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.

Traders bet the Fed will have to raise rates by December