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June 5, 2026 If there was any doubt, the employment report for May confirmed that the economy is gathering momentum. Following a year when employment was barely climbing, jobs growth in recent months has quickened to about 180 thousand. The long dormant manufacturing...

Payroll Employment

June 5, 2026 . .Payroll employment rose by 172 thousand in May after having climbed by 179 thousand in April  In the past three months payroll employment has risen on average by 188 thousand per month   .Clearly, the labor market has strengthened in recent months. In...

Private Employment

June 5, 2026 . .Private sector employment rose by 120 thousand in May after having climbed by 177 thousand in April  In the past three months payroll employment has risen on average by 166 thousand per month   .Clearly, the labor market has strengthened in recent...

Unemployment Rate

June 5, 2026 OK The unemployment rate was unchanged in both April and May at 4.3%.  The labor force rose by 82 thousand in May while employment increased by 149 thousand.  As a result, the number of unemployed workers declined by 66 thousand and the unemployment rate...

Nonfarm Workweek

June 5, 2026 In any given month employers can boost output by either additional hiring workers or by lengthening the number of hours that their employees work.  Payroll employment climbed by 172 thousand in May.  At the same time the nonfarm workweek was unchanged at ...