The US added 172,000 jobs in May, nearly doubling forecasts. Here's what the strong labor market means for Fed rate cuts and crypto investors.

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…

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.

Traders bet the Fed will have to raise rates by December