Trump Boom: America Created 172,000 Jobs In MayJohn Carney5 Jun 2026
The U.S. economy added 172,000 jobs in May and the unemployment rate held steady at 4.3 percent, the Labor Department said Friday.
Economists had expected 85,000 jobs, with forecasts ranging from 55,000 to 110,000. The unemployment rate was forecast to remain steady at 4.3 percent.
The labor market in the U.S. has experienced a significant shift away from dependence on an immigration-driven workforce. Jobs numbers that may seem anemic compared with recent years may actually indicate healthy—even robust—growth under current conditions, according to economists.
Many economists now estimate the so-called “break-even” rate of job growth—the rate required to keep unemployment from rising—may be as low as zero. By contrast, when immigration was running at higher levels from 2021 through 2024, the economy needed to add more than 100,000 jobs monthly to keep pace with labor-force growth.
Retirements are also driving down the growth of the labor force, as an increasing number of members of the large baby boom generation leave work and, later, smaller generations fail to fully replace them.
https://www.breitbart.com/economy/2026/06/05/trump-boom-america-created-172000-jobs-in-may/