Trump Touts Jobs Report as Stocks Slide | Balance of Power
June 5, 2026
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37:53Now PlayingTrump Touts Jobs Report as Stocks Slide | Balance of Power
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US job growth topped all forecasts in May and the unemployment rate held steady at 4.3%, offering the clearest sign yet that the labor market may be breaking out of a prolonged period of lackluster hiring.
Nonfarm payrolls increased 172,000 last month and hiring in March and April was stronger than previously reported, according to Bureau of Labor Statistics data out Friday. Taken together, the figures marked the strongest three-month advance in more than two years.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:
Bloomberg Economics US Economist Stuart Paul.
Bloomberg White House Correspondent Kate Sullivan.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and former Chief of Staff to Vice President Mike Pence Marc Short.
Bloomberg Television Markets Correspondent Norah Mulinda.
Arbroath Group Managing Director Christopher Smart.
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Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
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