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The US economy added 390,000 jobs in May, and the unemployment rate is stable
image 3 June، 2022
image ابحاث السوق
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 The report issued by the United States Bureau of Labor Statistics a moment ago showed that 390 thousand jobs were added in May, compared to the addition of 428 thousand jobs in April, to come better than the market expectations, which indicated the creation of jobs estimated at 325 thousand jobs.

On the other hand, unemployment rates stabilized at 3.6%, unchanged, while expectations indicated a decline to 3.5%, coinciding with the stability of labor force participation rates at 62.3%.

Hourly wages stabilized in May at 0.3%, at a monthly rate, while declining to 5.2% on an annual basis, compared to 5.5% in April.

In the details of the sectors, the commodity production sector added about 59 thousand jobs, while the construction sector added 36 thousand jobs, the manufacturing sector added about 18 thousand jobs, and the services sector added about 274 thousand jobs.

The US dollar has recorded gains since the beginning of the session, by about 0.30%, when it is trading at 102.05 levels now, an hour before the opening of the US markets.

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