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US Economy Adds 139,000 Jobs in May, Defying Expectations
The U.S. economy showed unexpected resilience in May, adding 139,000 jobs despite lingering economic uncertainty. The unemployment rate held steady at 4.2%, according to the latest jobs report. Investopedia's chief editor, Caleb Silver, commented, "This is kind of right in the middle of where we're expecting, a little bit higher." Silver noted that while job growth was slightly below the 12-month average, the numbers are still relatively strong, particularly in sectors like leisure and hospitality and healthcare. However, he cautioned that the impact of recent tariff concerns on companies remains to be seen. The report signals a continued, albeit cautious, expansion of the U.S. economy.
12 days ago
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United States
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economy