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US Jobs Report Anticipated
The U.S. jobs report for May is expected to show 85,000 roles added, with the unemployment rate holding steady at 4.3%.
This data will frame the start of Kevin Warsh's term as Federal Reserve Chairman.
However, the report shocked Wall Street with 172,000 jobs added, fueling rate-hike bets and putting pressure on tech stocks.
Despite this, the Trump administration is touting the strong numbers as a sign of its economic policies working, while some analysts warn of underlying issues.
Kevin Warsh
American governor of the Federal Reserve Board
American governor of the Federal Reserve Board
Federal Reserve System
Central banking system of the United States
Central banking system of the United States
Donald Trump
President of the United States (2017–2021; since 2025)
President of the United States (2017–2021; since 2025)