Employers added 272,000 jobs in May, the Labor Department said in its monthly payroll report released Friday, easily toppingthe 185,000 gain forecast by LSEG economists. But the unemployment rate unexpectedly inched higher to 4% against expectations that it would hold steady at 3.9%.

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The May jobs report released Friday provided a look at the labor market's health as the economy continues to confront high interest rates and inflation.{ai:summary}<p>Job market looks bright with 272,000 new jobs, but the unemployment rate creeps up to 4%. #economy</p>

US job growth jumps by 272K in May while unemployment unexpectedly rises

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