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Employers added 172,000 jobs last month as US job market shows resilience despite Iran war

WASHINGTON (AP) — The American job market continues to show surprising strength, shrugging off the high costs of the Iran war. Employers added 172,000 jobs in May – roughly double what forecasters had expected – and the unemployment rate remained at a low 4. 3%. The Labor Department reported Friday that job growth was down slightly last month from a revised 179,000 in April. The unemployment rate stayed at a low 4. 3%Hiring has bounced back this year from a miserable 2025, showing in the...

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