The unemployment rate held steady at 4.2%|CC BY-SA 3.0

Employers added fewer jobs last month than in April, but the figure still exceeded analysts’ forecast.

The unemployment rate held steady at 4.2%.

The latest government data suggest that employers remain cautious due to uncertainty surrounding tariffs and the broader economic outlook.

The stronger-than-expected jobs report could prompt the Federal Reserve to take its time before restarting interest rate cuts.