U.S. Adds 559,000 Jobs in May, Short of Estimates

The video discusses the job market's performance, highlighting the restoration of 559,000 jobs in May and a slight decrease in the unemployment rate to 5.8%. It compares these figures to expectations and previous months, noting a shortfall in job creation. The video also covers private payrolls, manufacturing jobs, and average hourly earnings, emphasizing fluctuations in labor force participation. The leisure and hospitality sector shows significant growth, though not as high as some estimates. Overall, the data reflects a mixed recovery with some areas of disappointment.

What was the estimate for the number of jobs created in April?

What sector saw an increase of 292,000 jobs?