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U.S. Nonfarm Payrolls Surge 172K in May, Sharply Beat 88K Forecast as Unemployment Holds at 4.3%

2026-06-07 22:22:07

In May, U.S. employers added 172,000 jobs, significantly exceeding analyst expectations of 88,000, while the unemployment rate remained steady at 4.3%, according to official labor data. Average hourly earnings rose in line with forecasts. The manufacturing sector strengthened further, with the ISM Manufacturing Index showing expansion in new orders, production, and order backlogs, indicating broader economic resilience beyond the labor market.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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