Employers add a solid 139,000 jobs in May
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As President Trump's tariffs rattle American importers and businesses, work opportunities at the Port of Los Angeles are dropping to new lows.
1don MSN
The number of new jobs created in May slowed to 139,000, a sign the Trump trade wars are starting to make a dent in a resilient U.S. labor market that’s been a bedrock of the economy.
U.S. job growth slowed slightly last month, a sign employers remained cautious about hiring amid uncertainty over tariffs and the nation’s economic outlook. The U.S. added 139,000 jobs in May, the Labor Department reported Friday,
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Total nonfarm payrolls rose by 139,000 in May, to 159.6 million, according to the Bureau of Labor Statistics today (blue columns in the chart). The increase of 139,000 new jobs is fine. It’s close to the 12-month average (144,000). It’s better than six months out of 12 in 2024.
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