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The U.S. adds 172,000 jobs as the labor market picks up steam

U.S. employers added jobs for the third month in a row in May, while the unemployment rate held steady at 4.3%. But wage gains softened and likely failed to keep pace with rising prices.

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The U.S. adds 172,000 jobs as the labor market picks up steam
Source: NPR News
Restaurants and bars added 48,000 jobs in May, contributing to a solid month of employment gains. Local government and healthcare were also hiring last month.

U.S. employers added jobs for the third month in a row in May, while the unemployment rate held steady at 4.3%. But wage gains softened and likely failed to keep pace with rising prices.

(Image credit: Brandon Bell)

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