U.S. job growth accelerated in May with 172K payrolls added, well above the 80K consensus estimate. The prior two months were revised up by a combined 93K jobs, reinforcing a stronger labor-market backdrop. The report is likely to influence Fed rate expectations and broader market positioning.
U.S. job growth accelerated in May with 172K payrolls added, well above the 80K consensus estimate. The prior two months were revised up by a combined 93K jobs, reinforcing a stronger labor-market backdrop. The report is likely to influence Fed rate expectations and broader market positioning.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.40
