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US May non-farm payrolls 272K vs +185K expected

2024-12-30FOREXLIVEFOREXLIVE
May 2024 US employment data from the non-farm payroll's report
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US jobs
US jobs report for May 2024
  • Prior month: 175K revised 165K

Details of the May 2024 jobs report:

  • non-farm payroll for May 272K vs 185K estimate.
  • Two-month net revision -15K vs -22K prior
  • Unemployment rate 4.0% vs 3.9% expected
  • Prior unemployment rate 3.9%
  • Participation rate 62.5 % vs 62.7% prior
  • U6 underemployment rate and blood for % vs 7.4% prior
  • Average hourly earnings + 0.4 % m/m vs +0.3% expected
  • Prior avg hourly earnings +0.2% m/m
  • Average hourly earnings + 4.1 % y/y vs +3.9% expected
  • Average weekly hours 34.3 vs 34.3 expected
  • Change in private payrolls +229K vs +170K expected
  • Change in manufacturing payrolls +8K vs +5K expected
  • Household survey xxK vs -25K prior

more details:

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