Guardian

US added 172,000 jobs in May as labor market shows signs of resilience

U.S. added 172,000 jobs in May, even as inflation squeezed consumers

Financial Times

US economy blew past expectations to add 172,000 jobs in May

The Wall Street Journal

Jobs in Hospitality and Healthcare Propelled Hiring in May

Bureau of Labor Statistics

Employment Situation Summary

EricLDaugh

SBA_Kelly

MS Now

Job market finally shows signs of life, adds 172,000 jobs in May

United States Senate Committee on Banking, Housing, and Urban Affairs

Senator Warren Statement on May 2026 Jobs Report

CONSUMER PRICE INDEX – APRIL 2026

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Metaculus

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CNBC

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

Jerome Powell

Goldman Sachs

Matthew Martin

Polymarket

Kalshi

Mark Zandi

The Economic Times

Binance

JPMorgan

Adam Turnquist

NerdWallet

RSM US

Hady Farag

John M Veitch

Gregory Daco

Jacob Weinstein

Dean Lyulkin

Dan North

World Oil

Moody's Analytics

Heather Long

"Our base case is no recession for 2026."

"Kalshi places the odds of a recession in 2026 at 25%."

"There is a 27% chance that the US will face a recession by the end of 2026."

"Because of those policy changes and tailwinds, we have reduced our probability of a recession over the next 12 months to 30% from our previous estimate of 40%."

"Looking at the economy, J.P. Morgan Global Research forecasts a 35% probability of a U.S. and global recession in 2026, and sticky inflation will likely remain a prevailing theme."

"Moody’s Analytics model forecasts a 49% chance of a US recession in the next 12 months, the closest probability in years."

"Against this backdrop, we now place the probability of recession at 40%, but stress that those odds could rapidly rise in the event of a more prolonged or severe Middle East conflict."

“There’s real risk of recession [in 2026]."

“If oil prices remain elevated for much longer (weeks and not months), a recession will be difficult to avoid.”

“People are preparing themselves for the fact that we are already in a recession now or that there is a high likelihood we will soon be in one.”

Will the US Economy Enter a Recession in 2026?

The U.S. economy added 172,000 jobs in May, more than double the 85,000 forecast by economists, while the unemployment rate held steady at 4.3%. Hiring figures for March and April were also revised up by a combined 93,000.

The U.S. economy added 172,000 jobs in May, more than double the 85,000 forecast by economists, while the unemployment rate held steady at 4.3%. Hiring figures for March and April were also revised up by a combined 93,000.

Job gains in May were led by leisure and hospitality, which added 70,000 jobs — well above the sector's average monthly gain of 14,000 over the prior 12 months. Health care and local government also posted sharp increases.

Job gains in May were led by leisure and hospitality, which added 70,000 jobs — well above the sector's average monthly gain of 14,000 over the prior 12 months. Health care and local government also posted sharp increases.

Average hourly earnings rose 3.4% year-over-year in May, the lowest rate since 2021, leaving wage growth below the April inflation reading of 3.8%, which was its highest level in three years.

Average hourly earnings rose 3.4% year-over-year in May, the lowest rate since 2021, leaving wage growth below the April inflation reading of 3.8%, which was its highest level in three years.

The May jobs report was the first released under Federal Reserve Chair Kevin Warsh, appointed by President Trump in January. Economists widely expect the Fed to hold rates steady at its June 16-17 meeting, though traders priced in a more than 60% chance of a rate hike by October.

The May jobs report was the first released under Federal Reserve Chair Kevin Warsh, appointed by President Trump in January. Economists widely expect the Fed to hold rates steady at its June 16-17 meeting, though traders priced in a more than 60% chance of a rate hike by October.

In March, total nonfarm payroll employment rose by 178,000, following a revised decline of 133,000 in February. Job gains occurred in health care, construction and transportation and warehousing, while federal government employment fell by 18,000.

In March, total nonfarm payroll employment rose by 178,000, following a revised decline of 133,000 in February. Job gains occurred in health care, construction and transportation and warehousing, while federal government employment fell by 18,000.

Federal government employment has declined by 355,000, or 11.8%, since reaching a peak in October 2024. The transportation and warehousing sector is also down 139,000 jobs since its peak in February 2025.

Federal government employment has declined by 355,000, or 11.8%, since reaching a peak in October 2024. The transportation and warehousing sector is also down 139,000 jobs since its peak in February 2025.

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U.S. added 172,000 jobs in May, even as inflation squeezed consumers

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