Surprising jobs growth during May

The May U.S. jobless rate fell to 13.3 percent, and employers added 2.5 million jobs in a stunning jobs report to the upside. What accounted for the growth? Is this report an outlier or an indication that the labor market might be on the road to recovery sooner than anticipated? KPMG Chief Economist Constance Hunter provides her analysis. 



To speak with Constance Hunter, please contact Matt Weiss at mweiss@kpmg.com

Media contact

Matt Weiss

Matt Weiss

Industrial Manufacturing Corporate Communications Lead, KPMG US

+1 201-307-8138

 

 

Constance L  Hunter

Constance L Hunter

Principal and Chief Economist, KPMG LLP

+1 212-954-3396

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