Key facts
- US private nonfarm payrolls increased by 172,000 in May.
- The May figure exceeded the forecast of 85,000.
- The May increase was slightly lower than the previous month's 179,000.
The United States reported its May private nonfarm payroll figures, showing an increase of 172,000 jobs. This number surpassed the market forecast, which had predicted an increase of 85,000 jobs. The May figure represents a slight slowdown compared to the 179,000 jobs added in the previous month.