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Market Impact: 0.75

Payroll Growth Up In May As Labor Market Strengthens

Economic DataAnalyst Estimates

The BLS May jobs report showed payrolls rising by 172,000, well above the 80,000-90,000 consensus estimate. The upside surprise signals continued labor-market strength and is likely to influence expectations for Fed policy and broader market pricing.

Analysis

The BLS May jobs report showed payrolls rising by 172,000, well above the 80,000-90,000 consensus estimate. The upside surprise signals continued labor-market strength and is likely to influence expectations for Fed policy and broader market pricing.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35