Research Brief: Employment – May 2025
Hiring proceeds despite changing U.S. trade outlook. Exceeding expectations, total employment rose by 177,000 positions last month, keeping gains on par with the monthly average for the past year. The health care and social assistance sectors contributed the most to this growth. Meanwhile, the federal workforce declined by 9,000 roles, bringing total reductions to 26,000 since January. This figure may rise…