NPR. This is the indicator from Planet Money, also known as the

26 Ambia Award winning Best Business Podcast. I'm Adrienne Ma. I'm Daryam Woods.

And I'm Waylon Wong, and it is Jobs

Friday. It's the day each month where we look at the latest government jobs report,

and we check in with how American workers are doing. That is right. And according to the latest

report from the Bureau of Labor Statistics, the unemployment rate in May remained at 4.3%. So same as the past couple of months.

And employers added 172,000 jobs. That's a pretty good number overall. And, you know, this is the

third month in a row that employers have added a decent number of jobs. That's true, but we always like to dig beneath the headline numbers and add some detail to the picture.

Computer enhance.

So, after the break, we'll explain what is driving job growth right now,

whether AI is really to blame for young people struggling to land their first job,

and how the unemployment rate for black workers could be a signal of what's to come.

We're looking at this month's jobs report.

Why don't you kick us off, Edgium Ma?

So like we said, May was a strong month for jobs.

172,000 jobs added.

And in fact, this latest report includes some revised estimates for the months of March and April.

They were revised upwards as the BLS got more data.

And between those two months, that means employers added 93,000 more jobs than was previously reported.

And that's on top of what were already strong hiring

numbers. All right. So we've got three months in a row of strong hiring. So maybe, perhaps,

the labor market is starting to shake off this low hire, low fire sluggishness we've been seeing

...