U.S. Economy Added 172,000 Jobs in May, Unemployment Steady at 4.3 Percent
The Labor Department reported that hiring exceeded forecasts while the jobless rate remained unchanged. President Trump cited the figures as evidence of economic strength and renewed calls for election legislation.
nbcnews.comThe U.S. economy added 172,000 jobs in May, exceeding economists' expectations, while the unemployment rate held at 4.3 percent, the Labor Department said. " He attributed the gains to his administration and criticized the prior administration for attempting to harm the economy.
The Labor Department said gains were concentrated in health care, leisure and hospitality, social assistance, and local government.
Trump used the post to urge passage of the SAVE America Act, which would require proof of citizenship to register to vote. He also referenced undecided races in California. The report arrives as some Senate Republicans have resisted parts of the president's agenda on spending, Iran policy, and election legislation.
Polling has shown inflation and affordability remain top voter concerns ahead of the November midterms. Rising energy, gas, and fertilizer prices linked to conflict in Iran and closure of the Strait of Hormuz have added pressure on input costs for farmers and industry, officials said.
