The US economy has added 139,000 jobs in May because the Labor Market is weak

Unlock the editor’s digestion free

FT editor Roula Khalaf, chooses his favorite stories in this weekly newsletter.

The United States economy in May, defeating 139,000 businesses, expectations, but still weakened official data in the world’s largest economy earlier in the previous year, rose to a lower level.

The figures from the Bureau of Labor Statistics on Friday were in addition to 147,000 posts in April, but it is above the more than 126,000 of the surveyed economists by Bloomberg.

Unemployment rate stood at 4.2 percent.

BLS also looked at the figures of March, which won the average workplaces this year compared to 168,000 in 2024.

“The title beat is not as effective as it seems at first glance,” he said. “The growth of work has changed clearly to the lower trajectory.”

At Barclays, the chief economist Marc Giannoni added: “We expect more slowdown with the course of the year.”

Poor numbers will provide additional pressure on Donald Trump as the fight against a selective frustration on the economy. On Tuesday, the US President, after the data, pointed to the hiring of the private sector In the Federal Reserve Chair on Jay PowellCall him to lower interest rates.

The treasury product has risen after the data for the data for the interest rate for the interest rate this year. Futures markets are valued in a small chance to reduce the ratiers of nutrition only once again, although the two reduction centers remain.

“This means that this is kept for a while,” Giannoni said. “The latest employment report does not show a reason to be excited to them.”

S & P 500 Futures Extended earnings, 0.8 percent trading.

Friday statistics were dragged by a continuous slide in the number of government work by the government’s efforts by the Government Efficiency Department by the ELON Musk.

Musk and Trump’s connection Turned into Acrimony After the role of the technical equipment, he left the role this week and exploded the president’s signature tax account as “disgusting disgusting disgusting” as “disgusting disgusting disgust.”

However, Doge’s efficiency driver, BLS has led to the loss of 59,000 federal government officials since January. Substituted a bit as a result of hiring in leisure time and hospitality sectors.

OECD warned that this week was aimed at the weakest growth period of the global economy, the Trump’s trade war has since weighing the world’s best economy.