US economy adds 172,000 jobs in May, blowing past expectations

The Kobeissi Letter said the U.S. economy added 172,000 jobs in May, well above expectations of about 85,000. In a post on X, it described the result as a strong upside surprise and said the unemployment rate held at 4.3%, in line with forecasts. It also noted that April’s job gains were revised higher by […] Read The Full Article US economy adds 172,000 jobs in May, blowing past expectations On Coin Edition.