NewsFlash / Nickel / US Non-Farm Payrolls Surge Past Expectations in May
US Non-Farm Payrolls Surge Past Expectations in May
iconJun 9, 2025 11:37
Source:SMM
[US non-farm payrolls increase by 139,000 in May, exceeding market expectations] On Friday, data released by the US Bureau of Labor Statistics showed that US non-farm payrolls increased by 139,000 in May, exceeding market expectations of 130,000. The unemployment rate remained unchanged at 4.2%, in line with market expectations. Average hourly earnings rose by 0.4% MoM in May, higher than the previous 0.2% and the expected 0.3%, and increased by 3.9% YoY, higher than the previous 3.8% and the expected 3.7%. The labor force participation rate fell to 62.4% from 62.6% the previous month.

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