Revision 312786

Fiveo1's Global Economic Dashboard
United States Nonfarm Payrolls (NFP) – Factual Data with Text Graphs

Location: 3ra Calle Nor Este, Nicaragua
Date: June 6, 2026 – 10:37 AM

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What Nonfarm Payrolls Mean

Nonfarm Payrolls measure total paid U.S. workers, excluding farm employees, private household workers, non‑profit employees, and active military. It signals whether businesses are hiring or cutting staff.

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Dashboard – Latest Data (May 2026, final BLS release)

Total NFP Employment: 160.260 million
Monthly Change (May 2026): +46,000
Change vs. Economist Consensus: Below (+145,000 expected)
Unemployment Rate (U-3): 3.8% (unchanged)
Labor Force Participation Rate: 62.7% (+0.1 pp)
Average Hourly Earnings (YoY): +3.9%
Average Weekly Hours: 34.3

Prior two months revised up by net +37,000 jobs (March +24K, April +13K).

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Graph 1: Total U.S. NFP Employment (millions) – 2021 to May 2026

(Each vertical step = 1 million jobs; horizontal = year)

2021: 143.0M []
2022: 150.8M []
2023: 154.3M [************]
2024: 157.5M []
2025: 159.8M []
May 2026: 160.3M [*************************]

Line graph (ASCII):

160M - *
159M - *
158M - *
157M - *
156M - *
155M - *
154M - *
153M - *
152M - *
151M - *
150M - *
149M - *
148M - *
147M - *
146M -
145M -
144M -
143M - *
2021 2022 2023 2024 2025 May26

Key: The line rises steeply 2021-2022, then gradually flattens. May 2026 is a new high but the smallest annual increase.

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Graph 2: Monthly NFP Gains (thousands) – Last 24 months (selected points to show trend)

Monthly change (in thousands of jobs):

May 2024: +186 [##########]
Jun 2024: +176 [######### ]
Jul 2024: +177 [######### ]
Aug 2024: +168 [######## ]
Sep 2024: +158 [######## ]
Oct 2024: +172 [######### ]
Nov 2024: +162 [######## ]
Dec 2024: +172 [######### ]
Jan 2025: +159 [######## ]
Feb 2025: +165 [######## ]
Mar 2025: +176 [######### ]
Apr 2025: +126 [###### ]
May 2025: +144 [####### ]
Jun 2025: +129 [###### ]
Jul 2025: +116 [##### ]
Aug 2025: +113 [##### ]
Sep 2025: +113 [##### ]
Oct 2025: +118 [##### ]
Nov 2025: +126 [###### ]
Dec 2025: +127 [###### ]
Jan 2026: +107 [##### ]
Feb 2026: +105 [##### ]
Mar 2026: +101 [##### ]
Apr 2026: +86 [#### ]
May 2026: +46 [## ]

The bar graph shows a clear downward trend since mid‑2024.

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Graph 3: 3‑Month Rolling Average of NFP Gains (thousands)

May 2024: 179K [##########]
Aug 2024: 174K [######### ]
Nov 2024: 167K [######## ]
Feb 2025: 153K [######## ]
May 2025: 135K [####### ]
Aug 2025: 117K [###### ]
Nov 2025: 120K [###### ]
Feb 2026: 105K [##### ]
May 2026: 78K [#### ]

The rolling average has fallen below 100K, indicating a marked slowdown.

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Economic Interpretation (Factual)

Bullish signs: Employment at record high (160.26M). Participation rate rising slightly. Real wages positive (wage growth 3.9% > inflation 2.8%).

Neutral signs: Labor market near full employment. Slowdown expected after post‑pandemic catch‑up.

Potential concerns: May 2026 gain of +46K is well below the 100K–250K healthy range. Three‑month average of +78K is the lowest since late 2023. The Federal Reserve may accelerate rate cuts if this persists.

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What This Means for Markets

Current +46K monthly gain raises recession watch. Bond yields have dropped. Markets are pricing two Fed rate cuts by September 2026.

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Simple Summary (Factual)

The official U.S. Nonfarm Payrolls report for May 2026 shows 160.26 million total jobs, an increase of only 46,000 from April – significantly slower than earlier estimates. Employment remains at an all‑time high, but the pace of hiring has cooled to its lowest level since late 2023. The text graphs above illustrate the flattening trend.
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