Total nonfarm payroll employment in the U.S. increased by 139,000 jobs in May. The unemployment rate remained unchanged at 4.2%. The labor force participation decreased slightly to 62.4% for the month of May. Additionally, average hourly earnings rose by 0.4%, contributing to a 3.9% increase over the past 12 months.
Learn more about the recent BLS employment update below.
For the U.S. Bureau of Labor Statistics May jobs report, click here.