Distributional channel
Monthly Jobs Event
Distributional reporting on the monthly federal jobs release — BLS Employment Situation, JOLTS, the Current Population Survey, the Current Employment Statistics establishment survey, and the Atlanta Fed Wage Growth Tracker. The standing distributional record of U.S. labor-market conditions, reported month by month.
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U.S. adds 172,000 jobs in May; broader underemployment holds at 8.2%
Release date: 2026-06-05
The U.S. economy added 172,000 jobs in May, the Bureau of Labor Statistics reported Friday, as hiring in leisure and hospitality surged to more than four times the sector’s recent average. The headline unemployment rate was unchanged at 4.3 percent for the third consecutive month, but the broader U-6 measure — which includes discouraged workers and those working part‑time involuntarily — held at 8.2 percent, underscoring a labor market in which millions of workers remain underutilized even as payrolls expand.