US Economy Adds 139,000 New Jobs in May, Topping Market Forecasts

Health care and leisure and hospitality lead the employment gains.
US Economy Adds 139,000 New Jobs in May, Topping Market Forecasts
A "Now Hiring" sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times
Andrew Moran
Updated:
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The U.S. economy added 139,000 new jobs last month, surpassing economists’ expectations and indicating that the U.S. labor market remains in a robust position.

According to the Bureau of Labor Statistics, the unemployment rate held steady at 4.2 percent for the third consecutive month.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."