Prior month: 175K revised 165KDetails of the May 2024 jobs report:non-farm payroll for May 272K vs 185K estimate. Two-month net revision xxK vs -22K priorUnemployment rate 4.0% vs 3.9% expectedPrior unemployment rate 3.9%Participation rate 62.5 % vs 62.7% priorU6 underemployment rate and blood for % vs 7.4% priorAverage hourly earnings + 0.4 % m/m vs +0.3% expectedPrior avg hourly earnings +0.2% m/mAverage hourly earnings + 4.1 % y/y vs +3.9% expectedAverage weekly hours 34.3 vs 34.3 expectedChange in private payrolls +229K vs +170K expectedChange in manufacturing payrolls +8K vs +5K expectedHousehold survey xxK vs -25K priormore details:goods producing +25Kservices producing +204Khealthcare
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