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U.S. Employment Declined by 226,000 in May, Labor Force Participation Falls to 61.8%, Says Fed's Timiraos

2026-05-08 12:49:35

According to Fed spokesperson Nick Timiraos on May 8, household survey data showed employment declined by 226,000 and labor force participation fell by 0.1 percentage point to 61.8%. Timiraos noted that the U.S. unemployment rate has not risen because people are exiting the labor market rather than finding jobs.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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U.S. Unemployment Rate Holds at 4.3% in April, Meets Expectations

U.S. Labor Force Participation Rate Falls to 61.8% in April, Misses 62% Forecast

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