Nonfarm payrolls rose by 339,000 in May (consensus 190,000) from a revised increase of 294,000 in April (from 253,000). Nonfarm private payrolls rose by 283,000 consensus 177,000) from a revised 253,000 in April (from 230,000).
Average hourly earnings rose by 0.3% in May (consensus 0.3%) following a revised 0.4% incline in April (from 0.5%).
The unemployment rate rose to 3.7% (consensus 3.5%) from 3.4% in April.
The average workweek fell to 34.3 hours (consensus 34.4) from 34.4 hours.
Robust U.S. Economy Added 339,000 Jobs in May, Unemployment Rose 3.7% From 3.4%