Total nonfarm payroll employment rose by 390,000 in May, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today.
Notable job gains occurred in leisure and
hospitality, in professional and business services, and in transportation and warehousing. Employment in
retail trade declined.
That is the official report.
Above shows you all of the unemployment numbers you never hear discussed.
Here is the latest shadowstats number.
My bet is on shadowstats being the most accurate.
May 2022 ShadowStats Alternate Unemployment notched higher to 24.6% from 24.5%