The American economy added 139,000 jobs in May with weakening the labor market

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The US economy added 139,000 jobs in May, overcoming expectations, but still indicates that the labor market in the world’s largest economy is weakening.

Friday was less than 147,000 jobs that were reviewed in April, but above 126,000 were predicted by the economists covered by Bloomberg.

The unemployment rate is fixed at 4.2 percent.

The number of jobs in the federal government continued to slide amid an effort to reduce costs by the alleged government efficiency Ministry, which he led until last week by billionaire Elon Musk.

Treasury bonds returned to the top after publishing the data, as traders reduced interest rate discounts marginally this year. Futures markets now expect two additional discounts, with a little chance that the US Federal Reserve will move only once in the remaining period in 2025.

On Tuesday, after separate data indicated the employment of a dull private sector, US President Donald Trump criticized the Federal Reserve Chairman Jay Powell, and invited him to low interest rates.

S & P 500 Futures Extensed gains, 0.8 percent higher trading.

The Organization for Economic Cooperation and Development has warned this week that the global economy has been heading to its weakest growth since the Covid-19 pandemic, where the Trump’s commercial war weighs the best economies in the world.

This is a developing story