272K jobs Added to the Economy and Unemployment Still Low 4% in May, 2024

 BEA indicates that jobs were up 272K and unemployment was relatively low at 4%. One should look at where these jobs rose and why they rose. It was a positive report in a mixed market where some info is positive and some is negative leaving most economists confused. Time will tell what the whole economy will do.

"Total nonfarm payroll employment increased by 272,000 in May, and the unemployment rate changed little at 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several industries, led by health care; government; leisure and hospitality; and professional, scientific, and technical services."