US Economy Added 139,000 Jobs in May, Higher Than Expectations
US jobs in May totaled 139,000 new positions, and this represents a job growth slowdown from April’s 177,000 additions. However, this beat economist forecasts of around 125,000. The unemployment rate held steady at 4.2%, but recession fears are mounting as crypto market reaction shows increased volatility amid broader economic concerns. JUST IN: US economy added 139,000 jobs in May, higher than expectations. — Watcher.Guru (@WatcherGuru) June 6, 2025 Also Read: Japan’s $1.1 Trillion in US Treasuries: A New Weapon in Economic Warfare US Jobs in May Signal Hiring Shift, Crypto & Recession Risks Source: Watcher.Guru The US jobs in May data reveals some concerning trends as job growth slowdown becomes more evident across various sectors. Federal workforce cuts accelerated during the month while private sectors like healthcare and leisure drove most of the hiring gains. Federal job losses hit 22,000 positions in May alone, and this brings the total cuts to 59,000 since January. These ...