Breaking Down the May U.S. Jobs Report

Leading up to the release of the U.S. jobs report for May, J.P. Morgan economists expected another month with substantial job losses and a jump in the unemployment rate. However, the May data looked more favorable than expectations. In this conversation, Jesse Edgerton and Dan Silver from J.P. Morgan U.S. Economic Research discuss the results, key indicators and what lies ahead. This podcast was recorded on June 5, 2020.This communication is provided for information purposes only. Please read J.P. Morgan research reports related to its contents for more information, including important disclosures. © 2020 JPMorgan Chase & Co. All rights reserved.