News/Data/Jun 5, 2026, 8:30 AM ET

US economy added 172k jobs in May; unemployment rate 4.3%

Hourly earningsPayrollsUnemploymentSPXXAU

The Bureau of Labor Statistics' Employment Situation report showed nonfarm payrolls rose by 172,000 in May 2026 and the unemployment rate was 4.3%. Average hourly earnings rose 0.3% on the month.

  • Nonfarm payrolls +172k in May (seasonally adjusted, thousands of jobs)
  • Unemployment rate 4.3% (unchanged)
  • Average hourly earnings +0.3% on the month, +3.4% on the year
  • April revised to +179k from +115k
SPX around the story · hourly24 h reaction ▼ 1.72%
7,330.417,465.857,601.29US economy added 172k jobs in May; unemployment rate 4.3%1Jun 1Jun 3Jun 5Jun 7Jun 9

Moves this explains

QQQ−4.68%Jun 4 · QQQ fell 4.68% to 701.24 with S&P 500 -2.35%. Hot May payrolls (172k added, unemployment 4.3%) revived Fed hike bets, and chip stocks fell hard after Broadcom's AI guidance disappointed: MU -11.56%, INTC -11.80%, AMD -10.84%, AVGO -6.95%. Bitcoin fell 4.43% and ether 10.59%, and silver fell 8.23%.XAG−8.23%Jun 4 · Silver fell 8.23% to a close of 67.80 on the day the May jobs report showed 172,000 jobs added and unemployment at 4.3%. Gold fell 3.10%, the Nasdaq-100 proxy QQQ 4.68% and bitcoin 4.43%, while the S&P 500 fell 2.35%. Reports tie the decline to the strong data, which lifted Fed rate-hike bets.HG−3.05%Jun 4 · Copper fell 3.05% in a broad risk-off day: S&P 500 -2.35%, Nasdaq-100 -4.68%, gold -3.10%, silver -8.23%, AMD -10.84% and Micron -11.56%. Reports tie the move to a strong May jobs report (+172k) that lifted Fed rate-hike bets, which also drove gold down 3.9%.META−5.60%Jun 4 · Meta fell 5.60% on a broad risk-off day: the S&P 500 dropped 2.35% and QQQ 4.68%, with AMD -10.84%, Micron -11.56%, Broadcom -6.95% and Nvidia -5.72%. The hot May jobs report (172k jobs, 4.3% unemployment) and Broadcom's AI guidance disappointment were the main market drivers reported. The Financial Times also reported that Meta was weighing a share sale to fund AI spending, which Meta called pure speculation.AVGO−6.95%Jun 4 · Fell 6.9% to $385.03 on a broad risk-off day after the May jobs report showed 172k jobs added and lifted Fed hike bets. S&P 500 -2.4%, QQQ -4.7%, NVDA -5.7%, AMD -10.8%, MU -11.6%, INTC -11.8%, ETH -10.6%, silver -8.2%, and the AI-chip group extended the selloff that began after the June 3 results.AMD−10.84%Jun 4 · AMD fell 10.8% in a broad chip selloff after Broadcom shares fell about 14% on weak AI guidance the day before, and the May jobs report (172k added, unemployment 4.3%) lifted Fed hike bets. Micron fell 11.6%, Intel 11.8% and Nvidia 5.7%, while the S&P 500 lost 2.4%, gold fell 3.1% and bitcoin 4.4%.MU−11.56%Jun 4 · Micron fell 11.56% on June 5, a day the whole AI-chip group fell: Intel -11.8%, AMD -10.84%, NVDA -5.72%, with the S&P 500 down 2.35%. Broadcom's AI guidance on June 4 disappointed, and May payrolls of 172k (against about 80k expected) revived Fed rate-hike worries. Reports differ on Micron's exact decline, from about 7% to 13%.INTC−11.80%Jun 4 · Intel fell 11.80% to $96.93 in a broad sell-off: the S&P 500 -2.35%, QQQ -4.68%, AMD -10.84%, MU -11.56%, Bitcoin -4.43% and ETH -10.59%. Coverage ties it to strong May jobs data (172k added, lifting Fed hike bets) and Broadcom shares falling about 14% on AI guidance.ORCL−10.34%Jun 4 · ORCL fell 10.34% on 5 Jun in a broad selloff as the May jobs report (172k jobs added, unemployment 4.3%) lifted Fed hike bets: the S&P 500 lost 2.35%, QQQ 4.68%, gold 3.10%, bitcoin 4.43% and Micron 11.56%. Coverage ties the jobs data to the gold and bitcoin declines, so the cause is macro rather than Oracle-specific.PLTR−4.98%Jun 4 · Palantir fell 4.98% to $133.92 in a broad risk-off day after strong May payrolls raised Fed hike bets: Micron -11.56%, AMD -10.84%, Intel -11.80%, Nvidia -5.72%, ether -10.59%, silver -8.23%, bitcoin -4.43% and the S&P 500 -2.35%. Reports tie the day to the jobs data and to bitcoin's fall below $60,000 on hot jobs numbers.COIN−7.59%Jun 4 · Coinbase fell 7.6% on a hot US jobs report: 172k jobs added in May, which lifted Fed hike bets. QQQ fell 4.7%, ether -10.6%, bitcoin -4.4%, gold -3.1%, and the S&P 500 -2.4%.MSTR−6.98%Jun 4 · Fell 7.0% on the hot May jobs report, which lifted Fed hike bets: Bitcoin -4.4%, Ether -10.6%, gold -3.1%, and the S&P 500 -2.4%, with chip stocks sharply lower (Micron -11.6%, Intel -11.8%, AMD -10.8%).HOOD−6.73%Jun 4 · Robinhood fell 6.73% on 2026-06-05 after the May jobs report (172k jobs, unemployment 4.3%) lifted Fed hike bets: the S&P 500 fell 2.35%, QQQ 4.68%, ether 10.59% and bitcoin 4.43%. Reports also document bitcoin falling below $60,000 and a gold drop the same day.TSM−6.55%Jun 4 · TSM fell 6.55% in a broad selloff: SPX -2.35%, NVDA -5.72%, AMD -10.84%, MU -11.56%, INTC -11.80% and ETH -10.59%, with gold and bitcoin also lower. The move followed strong May payrolls that lifted Fed hike bets and Broadcom's sharp fall on AI guidance the previous day.
Source
Bureau of Labor Statistics
Jun 5, 2026, 8:30 AM ET
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