Chart Shows Winning and Losing Industries, per the Latest Jobs Report
Summary
The U.S. economy added 172,000 jobs in May, with the biggest gains in hospitality, government, and healthcare sectors. Some industries like finance lost jobs, and the unemployment rate stayed steady at 4.3 percent.Key Facts
- The U.S. added 172,000 jobs in May, more than analysts expected.
- Hospitality added 70,000 jobs, mostly in restaurants and bars.
- Government jobs increased by 55,000, mainly in local non-education roles.
- Healthcare grew by 35,000 jobs, mostly in ambulatory services like home health care.
- The unemployment rate remained steady at 4.3 percent.
- The financial sector lost 22,000 jobs, continuing a decline since May 2025.
- Industries like construction, manufacturing, retail, and professional services showed little change.
- Hispanic workers, especially men, contributed significantly to recent labor force growth.
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