Trump
President Donald Trump looks at a document at an event about coal, Thursday, June 4, 2026, in the Oval Office of the White House in Washington.
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The American job market continues to show surprising strength, shrugging off the high costs of the Iran war. Employers added 172,000 jobs in May and the unemployment rate remained at a low 4.3%. The Labor Department reported Friday that job growth was down slightly last month from a revised 179,000 in April. The unemployment rate stayed at a low 4.3%. Also, the Senate passed legislation to fund President Donald Trump’s immigration enforcement agencies early Friday morning, after weeks of delays and fierce backlash to an unrelated $1.776 billion settlement fund that threatened to derail the bill.
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