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U.S. Hiring Rises Strongly, With 272,000 Jobs Added in May

The unexpectedly strong job growth shows that employers remain undaunted by high interest rates. Wage growth may further delay Fed rate cuts.

 

Ben Casselman

Ben Casselman

May’s jobs report is, in some ways, the opposite of what Fed officials and investors have been hoping for. They would like to see slowing job and wage growth, and continued low unemployment.

Ben Casselman

Ben Casselman

Instead, the report shows accelerating job and wage growth, and rising joblessness: Employers added 272,000 jobs in May, but the unemployment rate hit 4 percent.

Ben Casselman

Ben Casselman

The report is based on two separate surveys, one of households and one of businesses. In any one month, they can diverge and it can be hard for economists to know which signal to believe.

Lydia DePillis

Lydia DePillis

Average hourly earnings, a measure of wage growth, rose 0.4 percent in May from April, faster than forecasters had been expecting.

Lydia DePillis

Lydia DePillis

This could spark fears among policymakers at the Fed that the strong labor market could be fueling inflation.

Ben Casselman

Ben Casselman

Most economists don’t think that wage growth is a main cause of recent inflation. But they do worry that it will be difficult to bring inflation under control if pay keeps rising at this pace.

Office building losses are piling up among landlords, and more pain is expected.

7 min read

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BREAKING

Justice Thomas Acknowledges 2019 Trips Paid For by Texas Billionaire

Justice Clarence Thomas amended an earlier financial disclosure to include vacations to Bali and a California club paid for by the billionaire Harlan Crow.

2 min read

Justice Clarence Thomas sitting in an armchair and speaking. He is wearing a dark suit and a blue shirt with no tie.

Biden, in Normandy, Says Echoes of 1944 ‘Are Summoning Us’

President Biden also met with President Volodymyr Zelensky of Ukraine, and apologized for delays in delivering a $61 billion military assistance package.

5 min read

Prime Minister Rishi Sunak of Britain apologized for leaving a D-Day commemoration early.

3 min read

Alvin Bragg’s Next Decision on Donald Trump Presents a Political Quandary

The Manhattan district attorney must present a sentencing recommendation. He could face backlash whether he opts for leniency or not, our columnist writes.

3 min read

Alvin L. Bragg holds a news conference after a jury convicted former President Donald J. Trump on 34 felony counts.

Election updates: Donald Trump courted tech elites in a rare return to San Francisco.

 

Donald Trump said he would announce his running mate at the Republican National Convention in July.

2 min read

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Pat Sajak, the Cool, Unflappable, Reliable Host, Signs Off

In 41 seasons of “Wheel of Fortune,” Mr. Sajak has been a durable fixture of the American cultural landscape. His final episode as host airs today.

3 min read

Pat Sajak, wearing a black suit and white shirt, stands in his usual position on the set of “Wheel of Fortune,” his arms spread out in front of him.

Pat Sajak’s run on “Wheel of Fortune” has been the longest ever for a game show host. Here’s a look back.

6 min read

U.S. Confronts Failures as Terrorism Spreads in West Africa

As groups loyal to Al Qaeda and the Islamic State expand in the region, U.S. forces have been ordered out of several countries after a series of coups.

8 min read

Francis Kokoroko for The New York Times
Francis Kokoroko for The New York Times
Finbarr O'Reilly for The New York Times
Francis Kokoroko for The New York Times
Francis Kokoroko for The New York Times
Francis Kokoroko for The New York Times

LIVE

Israel Presses Offensive in Central Gaza After Deadly Strike on Shelter

The Israeli military said its strike on a U.N. school complex targeted fighters hiding inside. Palestinian officials said civilians were among the dead.

 

  1. Children on Friday looking at the aftermath of a strike a day earlier on a school complex in central Gaza that provided shelter to thousands of people.
    Bashar Taleb/Agence France-Presse — Getty Images
  2. Continuing strikes in central Gaza have inundated Al Aqsa Martyrs Hospital, in Deir al Balah, with the injured.
    Bashar Taleb/Agence France-Presse — Getty Images
  3. Mourning in Deir al Balah on Thursday for those killed in Israeli strikes.
    Doaa Rouqa/Reuters
  4. A worker checking out connections at a desalination plant in Nuseirat that was also damaged in Thursday's strikes.
    Bashar Taleb/Agence France-Presse — Getty Images
  5. Israeli strikes have also been hitting southern Gaza. Bodies lay in the morgue of European Hospital, near Khan Yunis, on Thursday.
    Haitham Imad/EPA, via Shutterstock

A pier for aid shipments, damaged in rough seas, has been reattached to the Gaza shore, the U.S. military said.

2 min read

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From Every Angle, C.E.O. Pay Is Gigantic

A new measure provides more detail, but the big picture is still riches at the top and lagging wages for most of the rank-and-file, our columnist says.

7 min read

In a photo illustration, a man in a suit rockets up into a blue sky, trailing dollar bills in his wake.

The Great Read

Glen Powell Is Absolutely Willing to Play the Hollywood Game

In a town littered with would-be superstars, he’s trying to beat the odds by giving studios what they crave. It’s no coincidence he’s everywhere.

10 min read

In a shot from overhead, Powell reclines on the ground and looks up at the camera.

Analysis

A Biden Order Shut the Border to Asylum Seekers. Can It Be Enforced?

There are still ways for people to cross the U.S.-Mexico border illegally, particularly without any new resources to help guard the 2,000-mile frontier.

4 min read

A woman holding a child.

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Inside New York’s Subway Performance Auditions

Applications for the Metropolitan Transportation Authority’s Music Under New York program are creeping back up after a pandemic slump.

4 min read

Gone in a Six-Year Flash: Farewell to the New York Phil’s Maestro

The pandemic-derailed tenure of Jaap van Zweden, the music director, was too short to give us a full sense of him, as man or maestro, our critic writes.

5 min read

A conductor with a bald head, wearing a black tunic, has his arms raised and a baton in one hand.

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Opinion

Michelle Goldberg

Michelle Goldberg

Donald Trump’s Mob Rule

4 min read

Jamelle Bouie

Jamelle Bouie

Republicans Have a New Way of Looking at Crime

5 min read

Jon Grinspan

The 19th-Century Club You’ve Never Heard of That Changed the World

6 min read

An illustration of an 1860 rally in Lower Manhattan, with Wide Awake banners flying.
David Brooks

David Brooks

The Pathologies of the Educated Class

11 min read

Nicole Gelinas

New York’s Congestion Pricing System Could Have Been Saved

7 min read

William D. Cohan

The Slow Death of a Fabled Media Empire

5 min read

Paul Krugman

Paul Krugman

Why You Shouldn’t Obsess About the National Debt

4 min read

Daniel J. Wakin

Daniel J. Wakin

A Beloved Artist Supplants a Corporation on a Concert Hall Marquee

2 min read

The MorningNewsletter

Fight Theory

David Leonhardt explains why voters are more aware of President Biden’s most divisive policies.

7 min read

A dark yellow circle against a light yellow background with the words "The Morning" written in black on the top left.

Come Discuss ‘Headshot,’ by Rita Bullwinkel

For The Book Review Podcast’s June book club, we’ll talk about this fierce and searching novel.

3 min read

The book cover for “Headshot” shows a woman in boxing gloves and a helmet sparring. The background is a psychedelic swirl of color, including bright green, red and pink.

In Case You Missed It

More News

Prosecutors in Hunter Biden Trial Rest Their Case

The trial is likely to nudge into a second week, with Mr. Biden’s lawyers expected to mount their defense as early as Friday.

2 min read

Where India Turned Against Narendra Modi

Maps show how the prime minister lost support throughout the country, including in areas that had embraced his party’s Hindu-nationalist ideology.

U.S. Scores Historic Cricket Win, but Only Pakistan Notices

Many Americans were oblivious to the magnitude of their country’s World Cup victory against Pakistan. But the pain was sharp in the cricket-mad nation.

3 min read

Businessman Who Admitted to Trying to Bribe Menendez Expected to Testify

Prosecutors say Jose Uribe sought Senator Robert Menendez’s help to stave off fraud investigations into two allies.

4 min read