Jul 31, 2026
Payroll employment edged up 0.1% in May, the third straight monthly gain…
… on the back of continued strength in health care and public administration, which offset a ~1% drawdown in finance driven almost entirely by securities and commodities brokerage.
With the vacancy rate edging up to 2.8%, the momentum in payroll hasn’t translated to job openings yet - which will be necessary to keep unemployment trending in the right direction.
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