The job market is much stronger than economists expected. Why?

Adrian Bogdan

Against all odds, the U.S. job market is in a good place.  Employers  added 172,000 jobs in May, blowing past analyst forecasts and sustaining the healthy pace of payroll gains from the two prior months. Average monthly job growth from March through May has tripled from roughly 63,000 a year ago to nearly 190,000 this spring. The economy has faced one headwind after another over the past year, including the highest tariffs in more than 70 years; the  Iran war ; a recurrence of the inflationary

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The job market is much stronger than economists expected. Why? http://www.cbsnews.com - 05.06.2026 16:35

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The job market is much stronger than economists expected. Why? http://www.cbsnews.com - 05.06.2026 16:35