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Ernie Tedeschi: U.S. May 2026 jobs grow by 172,000

Ernie Tedeschi: U.S. May 2026 jobs grow by 172,000
May 2026 U.S. jobs report shows growth

Ernie Tedeschi reports that U.S. nonfarm payrolls increased by 172,000 in May 2026, following a previous rise of 179,000.

He also highlights two-month revisions adding 93,000 jobs and a three-month moving average at 188,000. The U3 unemployment rate edged down to 4.30% from 4.34%.

Tedeschi previously noted a post-2024 growth gap between new business applications, with many solopreneurs driving much of the underlying economic activity (article). He has also pointed out that Poland’s economic growth data for 2021-23 may be overstated due to the exclusion of Ukrainian refugees from population figures (article). These analyses add context to his current reporting on U.S. payroll and unemployment trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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