The May employment report showed that the US added 272,000 jobs in May. Yahoo Finance sat down with experts to break down the report, with guests incl

Breaking down the May jobs report: Expert analysis

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2024-06-08 18:30:06

The May employment report showed that the US added 272,000 jobs in May. Yahoo Finance sat down with experts to break down the report, with guests including Acting Labor Secretary Julie Su, New York Life Investments chief market strategist and economist Lauren Goodwin and Citi senior global economist Robert Sockin, and the Hamilton Project Director and Brookings Institution Senior Fellow in Economic Studies Wendy Edelberg.

Yahoo Finance spoke with experts and analysts to discuss the latest economic data and what it all means, the main jobs appear to coming in hotter than expected.

He always great to see for to thank you the report stronger on many metrics but the unemployment rate taking up to four percent.

272,000 jobs created last month and the unemployment rate is still at or below 4% for the longest stretch since the 19 sixties were 30 months straight now.

What about the fact that where we look at the job growth and where it's coming from, it seems to be the government sector, health care sector month after month.

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