U.S. Adds 272,000 Jobs In May, Beating Expectations

The U.S. added 272,000 jobs in May, beating expectations, while the unemployment rate remained steady at 4%.

The figures from the Bureau of Labor Statistics show a continued robust labor market in spite of signs of a more significant slowdown elsewhere.

The big gains were in health care, government,; leisure and hospitality and professional, scientific, and technical services.