Article
US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
With Wall Street expecting a strong - not great - number, and a modest decline from April's 115K, moments ago the BLS reported a shocker: in May the US added 172K jobs...
... not only a 4-sigma beat to the median estimate of 88K, but also above the highest estimate of 125K.
The change in total nonfarm payroll employment for March was revised up by 29,000, from +185,000 to +214,000, and the change for...
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