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May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop
By Andjela Radmilac at 2026-06-06 12:12
Sentiment: Negative
The US economy added 172,000 jobs in May, more than double the 80,000 that Wall Street economists had expected, and the unemployment rate held at 4.3%. The Bureau of Labor Statistics (BLS) also revised March and April higher by a combined 93,000 positions, which left the spring looking much stronger than anyone believed a month […] The post May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Macro #BLS #bureau of labor statistics #Inflation #jobs report #loans #non-farm payrolls
Source CryptoSlate