Friday, June 5, 2026

The Dow Jones consensus estimate for May jobs was +80k, leisure and hospitality alone led all sectors with +70k lol, well above the 14k/month average over the past year, government added 52k, education and health services 40k

 

Productive jobs rose by 7k in manufacturing, by 17k in construction, and by 4k in mining and logging, mixed in there with the others.

 

 U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%