AI Data Insight
In May 2026, the number of unemployed individuals in the US decreased to 7,307 thousand, a slight drop from the previous month, keeping the unemployment rate flat at 4.3%. Supported by expansion in the leisure and hospitality as well as government sectors, nonfarm payrolls surged by 172,000, far exceeding expectations and indicating that the labor market remains in a steady state of 'low hiring, low firing.'