U.S. employers added 139,000 jobs in May — a modest slowdown from the previous month. The unemployment rate held steady at 4.2%, as the workforce shrank.
Hiring slowed last month, as President Trump’s tariffs and federal job cuts began to weigh on the U.S. economy.
Employers added 139,000 jobs in May, according to a report released Friday by the Labor Department. That’s a modest downshift from the previous month. Job gains in March and April were also revised down by a total of 95,000 jobs.
