US adds 172,000 jobs in May, beating forecasts

The United States added 172,000 jobs in May, more than double the expected figure of 85,000. The unemployment rate rose to 4.3 percent.

The latest employment report showed stronger-than-expected hiring last month. Job gains for the prior two months were also revised higher, including an upward adjustment for April. The unemployment rate reached 4.3 percent, slightly above the 12-month moving average of 4.33 percent. The share of workers unemployed for 27 weeks or longer climbed to 1.2 percent, the highest level recorded since December 2021. These figures reflect data released on June 5 and cover employment trends through the end of May.

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Illustration of job seekers facing declining employment opportunities with a graph showing falling job offers.
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Job offers fall 6.1% in June marking eight straight months of declines

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The Central Bank's Labor Ads Index reached 70.7 points in June, down 6.1% year over year. The unemployment rate hit 9.4% in the March-May quarter, the highest since 2021.

America's employers added 115,000 jobs in April, beating expectations even as the Iran conflict disrupted oil supplies and raised gas prices. The unemployment rate held steady at 4.3 percent.

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US job openings climbed to their highest level in two years during May, surpassing analyst expectations. The latest figures from the Job Openings and Labor Turnover Survey showed 7.594 million vacancies.

U.S. consumer inflation rose to 4.2% in May, the Bureau of Labor Statistics reported Wednesday, matching economists’ expectations and marking the highest 12-month reading since April 2023.

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The National Statistics Institute reported that the unemployment rate reached 9.1% in the February-April quarter. The figure marks a 0.3 percentage point rise over twelve months and is the highest since 2021.

U.S. manufacturing activity expanded for an eleventh consecutive month in June but at a slower pace than expected. The S&P Global PMI fell to 53.9, down 1.2 points from the prior month and below forecasts.

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The Mexican Social Security Institute reported a monthly drop of 29,922 formal jobs in May 2026.

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