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International Business Times
International Business Times
Business
Beiyi SEOW

US Hiring Surges Past Expectations As Job Market Still Strong

United States Economy US Federal Reserve Unemployment
US hiring surged by 272,000 in May, a significant acceleration from April, according to government figures (Credit: AFP)

US job growth blew past estimates in May while unemployment also edged up, according to government data released Friday, underscoring the labor market's resilience as policymakers seek to cool the economy gradually.

The world's biggest economy added 272,000 jobs last month, up from a revised 165,000 in April, said the Department of Labor.

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