May Jobs Report: US employers add 139,000 jobs in May, beating estimates of 126,000

  • The US Bureau of Labor Statistics (BLS) reported that the US labor market grew by 139,000 in the month of May — above estimates of 126,000 — while the unemployment rate held at 4.2% and average hourly earnings rose by 3.9% year-over-year (above expectations of 3.7%). Brad Smith and Madison Mills dive into the data within the May jobs report out Friday morning.