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U.S. Adds 272,000 Jobs In May, Beating Expectations; Entertainment Industry Employment Largely Unchanged

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deadline.com
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The U.S. added 272,000 jobs in May, beating expectations, while the unemployment rate rose slightly to 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.

Average hourly earnings increased by 14 cents, or 0.4 %, to $34.91. Over the past year, average hourly earnings have increased by 4.1 %.

Employment in movies and music was 441,900, up slightly from the previous month. Jobs in publishing also grew slightly to 933,000.

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