At 20:30 Beijing time today, the United States will release two sets of data: 1. The unemployment rate for May in the United States.

Previous value: 4.20% Expected value: 4.20%
2: U.S. May Seasonally Adjusted Non-Farm Employment Population (10,000 people)
Previous value: 17.7 Expected value: 13

The unemployment rate (Unemployment Rate )), which is another item in the U.S. employment report, refers to the ratio of unemployed individuals to the labor force over a certain period (the number of laborers who wish to work but are still unemployed among the total employed population during that time). It aims to measure idle labor capacity and is a major indicator reflecting the unemployment situation in a country or region. The unemployment rate is one of the most important economic indicators, significantly influenced by the supply and demand in the labor market as well as economic cycles. The level of unemployment also reflects the operating conditions of the economy. Although considered a lagging indicator, the number of unemployed individuals is an important signal for measuring the overall health of the economy, as consumer spending is highly related to employment market conditions. An increase in the unemployment rate indicates weakened consumption, which is detrimental to economic development; a decrease in the unemployment rate signifies an improvement in the economy.

Changes in non - farm payrolls ): An item in the employment report that counts changes in jobs other than agricultural production, and is published along with the unemployment rate. Data from the U.S. Department of Labor Statistics on the first Friday of the month at 8:30 p.m. EST, which is 20:30 p.m. EDT. The change in non-farm payrolls reflects the development and growth of the manufacturing and service sectors, and a decrease in the number indicates that enterprises have reduced production and the economy has entered a depression. In the absence of hyperinflation, a sharp increase in the numbers indicates a healthy economic situation that should be positive for the dollar and may signal an increase in interest rates, which is also good for the dollar. An increase in the non-farm payrolls index reflects an increase in economic development, while a decrease in the non-farm payrolls index does not.
Data Analysis and Perspectives
The U.S. U.S. labor market data for May will be released by the U.S. Department of Labor on Friday, and the highly-watched non-farm payrolls report is expected to reveal a clear slowdown in job growth, while the unemployment rate remains stable and wage growth remains solid. However, the Trump administration's erratic tariff policy has created enormous uncertainty in corporate planning, resulting in a dampened hiring activity. Nonetheless, economists generally agree that the current job market is resilient enough to support the economy temporarily, but the long-term outlook remains challenging.
The U.S. labor market has shown signs of weakness recently, and the latest data corroborates this trend. Initial jobless claims climbed to 247,000 last week, the highest in seven months, according to the U.S. Department of Labor. The rise in this number suggests that some workers are losing their jobs and that companies are becoming more wary of new hires. In addition, unofficial statistics from the private sector further show that firms' willingness to hire is gradually declining, which is closely related to the uncertainty caused by rapidly changing tariff policies. The new tariffs have slowed the pace of expansion by making companies worry about future profitability and market conditions.
The decrease in job growth, stable unemployment rate, and steady wage growth collectively outline a complex but relatively stable economic picture. However, the uncertainty of tariff policies is undoubtedly one of the biggest challenges facing the current economy, as it not only suppresses companies' willingness to hire but also puts pressure on key industries such as manufacturing and construction.

Subject to the published data.
Unemployment rate is larger than expected: 4.20% is positive, lower than expected: 4.20% is negative, employment is greater than expected: 13 negative, lower than expected: 13 positive
Follow #初请失业金数据公布# to avoid getting lost in trading.