U.S. Job Growth Slows Amid Trade Uncertainty, Asian Markets React Positively
U.S. job growth slowed in May, adding 139,000 jobs, while Asian markets showed gains ahead of the U.S. jobs report.
Economy added 139,000 jobs in May: The key facts and figures
Washington Examiner
World shares are mixed ahead of Friday's US jobs report
Associated Press
Overview
Asian shares had a positive session, with Tokyo's Nikkei 225 up 0.5% and South Korea's Kospi rising 1.5%. The U.S. economy added 139,000 jobs in May, a slowdown from April's revised 147,000, amid ongoing trade tensions and uncertainty surrounding President Trump's tariffs. The unemployment rate remained steady at 4.2%. Notably, healthcare added 62,000 jobs, while the federal government cut 22,000 positions. Despite concerns over hiring, average hourly wages rose by 0.4%. Tesla shares rebounded 5% after a significant drop due to a public feud between Trump and CEO Elon Musk.
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Analysis
Left
The articles present a neutral tone, focusing on job market slowdown and trade policy impacts without strong bias.
Concerns about economic uncertainty and mixed job growth are highlighted, reflecting a cautious outlook on the labor market.
Investor optimism exists despite ongoing trade tensions, indicating resilience in the stock market amid economic fluctuations.
Center
The articles maintain a neutral tone, focusing on market movements and economic factors without strong bias.
Concerns about job market slowdowns and tariffs are prevalent, impacting both U.S. and Asian stock performances.
The upcoming jobs report is a significant point of interest, reflecting uncertainty in the economy.
Right
The articles present a mixed view of job growth, highlighting both positive aspects and concerns about economic uncertainty.
Cautious optimism is evident, with job growth exceeding expectations but tempered by worries over tariffs and political factors.
Overall, the sentiment reflects a balance between positive job creation and the potential risks facing the economy.
Left
The articles present a neutral tone, focusing on job market slowdown and trade policy impacts without strong bias.
Concerns about economic uncertainty and mixed job growth are highlighted, reflecting a cautious outlook on the labor market.
Investor optimism exists despite ongoing trade tensions, indicating resilience in the stock market amid economic fluctuations.
Center
The articles maintain a neutral tone, focusing on market movements and economic factors without strong bias.
Concerns about job market slowdowns and tariffs are prevalent, impacting both U.S. and Asian stock performances.
The upcoming jobs report is a significant point of interest, reflecting uncertainty in the economy.
Right
The articles present a mixed view of job growth, highlighting both positive aspects and concerns about economic uncertainty.
Cautious optimism is evident, with job growth exceeding expectations but tempered by worries over tariffs and political factors.
Overall, the sentiment reflects a balance between positive job creation and the potential risks facing the economy.
Articles (19)
MSNBC·11d·"…If we exclude 2020, when the pandemic wreaked havoc on the economy, the first five months of this year are the worst since the Great Recession."
PBS NewsHour·11d·"…The modest job gains and steady unemployment rate are likely to keep the Fed on the sidelines for at least the next few months, economists said."
PBS NewsHour·11d·"…The expectation on Wall Street is for a slowdown in hiring from April."
The Guardian·11d·"…May saw a drop in new jobs added to the labor market, according to new data from the Bureau of Labor Statistics."
CNN·11d·"…The S&P 500 briefly climbed above 6,000 points, which is a level it had not touched since February."
Chicago Tribune·11d·"…Hopes that Trump will lower his tariffs after reaching trade deals with other countries have been among the main reasons the S&P 500 has rallied back so furiously since dropping roughly 20% from its record two months ago."
USA TODAY·11d·"…The labor market has slowed but held up well despite the hurdles posed by Trump’s economic policies, with employment gains averaging 124,000 a month so far this year, down from 168,000 in 2024."
USA TODAY·11d·"…U.S. stock futures are mixed ahead of the key monthly jobs report."
ABC News·11d·"…Asian shares were mostly higher Friday ahead of an update on the U.S. job market that will offer insights into how the economy is faring."
Associated Press·11d·"…The expectation on Wall Street is for a slowdown in hiring from April."
Fox Business·11d·"…The U.S. economy added jobs in May at a slower pace than in the past two months as uncertainty over the direction of trade, tax and monetary policy caused employers to pull back on hiring."
Boston Herald·11d·"…The S&P 500 index rose 1.2% in morning trading."
Boston Herald·11d·"…The job market has clearly decelerated."
Washington Examiner·11d·"…Overall, the numbers suggest the economy is holding up as President Donald Trump moves past the first part of his second term."
Newsmax·11d·"…Employers' reluctance to lay off workers potentially keeps the U.S. central bank on the sidelines until the end of the year."
Newsmax·11d·"…U.S. equities rallied sharply in May, with the S&P 500 index and the tech-heavy Nasdaq scoring their biggest monthly percentage gains since November 2023, thanks to softening of Trump's harsh trade stance and upbeat earnings reports."
Daily Caller·11d·"…The job report reflects an overall strong economy."
Daily Signal·11d·"…Job growth in the U.S. exceeded economists’ expectations in May, according to the jobs report released by the Department of Labor on Friday."
Western Journal·11d·"…The economy added jobs for the third month in a row, according to a new federal government report."
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History
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