Job growth in the U.S. exceeded expectations in May, with 139,000 positions added across the economy, according to a report released Friday by the Bureau of Labor Statistics.
The unemployment rate held steady at 4.2%, showing no change from April.
The data reflects ongoing strength in the private sector despite a decline in government employment.
White House Press Secretary Karoline Leavitt praised the job growth, crediting President Donald Trump’s economic strategies.
She stated that Trump’s “America First Economic Agenda” was responsible for strong job creation and economic performance.
Leavitt emphasized that the 139,000 jobs added in May were all in the private sector and credited American-born workers for the gains. She added that under Trump, inflation had been curbed and wages were increasing.
The latest figure beat economists’ forecasts. Analysts surveyed by Dow Jones had predicted 125,000 jobs would be added. Though last month’s numbers were also higher than expected, they were revised down by 30,000 in the current report.
The industries with the largest employment gains included health care with 62,000 new jobs, leisure and hospitality with 48,000, and social assistance with 16,000 added positions. Conversely, federal government jobs declined by 22,000.
Other sectors—including mining, oil and gas extraction, construction, manufacturing, wholesale trade, retail trade, transportation and warehousing, and financial activities—showed little to no significant change from the previous month.
Average hourly earnings also rose, increasing by 15 cents in May to reach $36.24, according to the Bureau’s figures, per the Daily Wire.
Alfredo Ortiz, CEO of the Job Creators Network, also responded positively to the report. He said that the growth demonstrated a rebound in the small business and private economies, aligning with Trump’s goals to reverse the policies of the Biden administration.
Markets reacted favorably to the report. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all rose more than 1% following the announcement.
President Trump commented on the data through several posts on Truth Social. He praised the job numbers and noted the stock market’s rise, also highlighting increased revenue from tariffs.
Trump continued to promote the strength of the U.S. economy, declaring, “AMERICA IS HOT! SIX MONTHS AGO IT WAS COLD AS ICE!” He pointed to a closed border, falling prices, and rising wages as signs of success.
He also used the opportunity to criticize the Federal Reserve, calling on the central bank to cut interest rates. He argued that the Fed’s inaction was costing the country significant amounts of money.
Trump stated that if the Fed reduced rates, borrowing costs would fall for debt that is nearing maturity. He added that inflation was no longer a major concern but suggested rates could be raised again if necessary.
In his closing remarks on the matter, Trump emphasized that borrowing costs should be significantly lower and urged immediate action from the Fed.
The post Trump Says ‘America is Hot’ After Latest Jobs Report appeared first on Resist the Mainstream.
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Author: Anthony Gonzalez
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