Oakland News Today | 2 Min News | The Daily News Now!
May’s job market delivered a surprise boost, adding 172,000 jobs—double expectations—and kept unemployment steady at 4.3%. Revisions revealed even stronger gains in March and April, totaling 93,000 extra jobs. Leisure and hospitality led the charge with 70,000 new roles, while local government added 55,000. Meanwhile, finance lost 22,000 jobs, continuing its slump, but healthcare kept growing with 35,000 new positions, especially in home care. The market’s resilience shines through, even as some sectors falter.
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