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June 05, 2026

May Jobs Report "Unexpectedly" Smashes "Expert" "Expectations"

Good news. Not enough to reverse the public's sour impressions of the economy, I'm afraid.

And inflation is still a problem.

A new jobs report exceeded expectations despite the U.S. economy facing inflation and record debt.
U.S. payrolls rose by 172,000 last month, far above the Dow Jones' 80,000 estimate that CNBC reported Friday. Unemployment remained steady at 4.3%.

"Almost every industry is hiring again except tech and finance. There are a lot of encouraging signs for the labor market heading into summer. (Unfortunately, inflation is a lot worse)," Navy Federal Credit Union chief economic Heather Long stated in a June 6 X post.

...

This jobs increase follows a period of increased inflation. The cost of everyday goods rose 0.9% in March and 0.6% in April since the start of the Iran War, according to Consumer Price Index data.

Honestly, it looks like the hiring recession is over.

US average job gains in 2025: 10,000 a month
US average job gains in 2026: 114,000 a month
Job gains in the past 3 months: 188,000

Almost every industry is hiring again except tech and finance. There are a lot of encouraging… https://t.co/nSzdmJYljz
— Heather Long (@byHeatherLong) June 5, 2026

Amazing how President Trump’s opponents keep attributing this all to “luck.” As if lower taxes and reductions in government red tape had no role? Even if it were “luck,” I’d rather gamble with Trump than a communist Democrat. https://t.co/ERqvmUBeqy
— Dan Bongino (@dbongino) June 5, 2026

posted by Disinformation Expert Ace at 02:20 PM

| Access Comments


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A new jobs report exceeded expectations despite the U.S. economy facing inflation and record debt. U.S. payrolls rose by 172,000 last month, far above the Dow Jones' 80,000 estimate that CNBC reported Friday. Unemployment remained steady at 4.3%. "Almost every industry is hiring again except tech and finance. There are a lot of encouraging signs for the labor market heading into summer. (Unfortunately, inflation is a lot worse)," Navy Federal Credit Union chief economic Heather Long stated in a June 6 X post. ... This jobs increase follows a period of increased inflation. The cost of everyday goods rose 0.9% in March and 0.6% in April since the start of the Iran War, according to Consumer Price Index data. Honestly, it looks like the hiring recession is over. US average job gains in 2025: 10,000 a month US average job gains in 2026: 114,000 a month Job gains in the past 3 months: 188,000 Almost every industry is hiring again except tech and finance. There are a lot of encouraging… https://t.co/nSzdmJYljz — Heather Long (@byHeatherLong) June 5, 2026 Amazing how President Trump’s opponents keep attributing this all to “luck.” As if lower taxes and reductions in government red tape had no role? Even if it were “luck,” I’d rather gamble with Trump than a communist Democrat. https://t.co/ERqvmUBeqy — Dan Bongino (@dbongino) June 5, 2026 posted by Disinformation Expert Ace at 02:20 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Hour of the Wolf: "Which commenter kept posting a birdbath status? ..." Rev. Wishbone: "The decapitated birds and pile of feathers on my s ..." Braenyard - some Absent Friends are more equal than others _: "They are buying farmland close to military bases. ..." 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