US hiring surged in May with 172,000 jobs created, well above the 88,000 estimate, while the unemployment rate held steady at 4.3%. The blowout labor report signals a resilient labor market and could influence expectations for Federal Reserve policy. The data is likely to be market-moving across rates, equities, and FX.
US hiring surged in May with 172,000 jobs created, well above the 88,000 estimate, while the unemployment rate held steady at 4.3%. The blowout labor report signals a resilient labor market and could influence expectations for Federal Reserve policy. The data is likely to be market-moving across rates, equities, and FX.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
