U.S. employers added 172,000 jobs in May, marking the third consecutive month of job growth. The unemployment rate remained unchanged at 4.3%. However, wage increases have slowed and may not have kept pace with inflation.
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U.S. Employers Added 172,000 Jobs in May; Unemployment Rate Remains at 4.3%
In May, the U.S. labor market saw an addition of 172,000 jobs, continuing a trend of growth over the past three months. The unemployment rate stayed at 4.3%, but wage growth has not kept up with rising prices.
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The U.S. adds 172,000 jobs as the labor market picks up steam
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U.S. Employers Added 172,000 Jobs in May; Unemployment Rate Remains at 4.3%
