#USJobsReportDoublesForecasts
The economy added 172,000 jobs in May ๐๐ผ๐๐ผ๐๐ผ, more than double what the analysts predicted ๐, thanks to a hiring surge, as reported on Friday by the Bureau of Labor Statistics.
Analysts ๐ง had forecasted an increase of around 80,000 jobs, following the initial estimate for April of 115,000, which was later revised upward to 179,000. The unemployment rate held steady at 4.3%.
The biggest gains ๐ were seen in the leisure and hospitality sector, with an additional 70,000 jobs, and in the health and social assistance sector, with 47,000 more jobs. Public sector hiring increased by 52,000 positions.
Great news in the labor market for May in the United States ๐บ๐ธ, now we need to stay bullish and hope this trend continues in the coming months ๐.
$TRUMP
The economy added 172,000 jobs in May ๐๐ผ๐๐ผ๐๐ผ, more than double what the analysts predicted ๐, thanks to a hiring surge, as reported on Friday by the Bureau of Labor Statistics.
Analysts ๐ง had forecasted an increase of around 80,000 jobs, following the initial estimate for April of 115,000, which was later revised upward to 179,000. The unemployment rate held steady at 4.3%.
The biggest gains ๐ were seen in the leisure and hospitality sector, with an additional 70,000 jobs, and in the health and social assistance sector, with 47,000 more jobs. Public sector hiring increased by 52,000 positions.
Great news in the labor market for May in the United States ๐บ๐ธ, now we need to stay bullish and hope this trend continues in the coming months ๐.
$TRUMP