Market Update: Strong Jobs Report for May 2025

2025-05-06T11:25:24-04:00May 5th, 2025|Categories: Market Update|Tags: |

The U.S. economy added 177,000 jobs in April, surpassing expectations and maintaining the unemployment rate at 4.2%. Significant gains were observed in healthcare (+51,000 jobs) and transportation and warehousing (+29,000 jobs), while federal employment declined by 9,000 positions. This robust labor market suggests that the Federal Reserve is likely to maintain its [...]