May 2025 Jobs Report
Wage Growth Average Hourly earning rose by 0.4% in May, better than expected. Elevated U-6 Unemployment Rate The U-6 rate, encompassing underemployment and discouraged workers, remained elevated at 7.8%, approximately 0.9 percentage points higher than the same period last year. Sector Employment Gains and Losses Healthcare (+62,000), Leisure & Hospitality (+48,000) led the way in […]