The positive employment report from the U.S. led to a significant rise on the New York Stock Exchange on Friday, June 6, 2025. This report, which showed more new jobs than expected, encouraged investors and led to a recovery in the markets after setbacks in the previous days.
Main Points of the Employment Report
- More New Jobs than Expected: Despite concerns over the U.S. government’s tariff policy, the labor market showed solid performance in May, indicating that more jobs were created than predicted by experts.
- Revised Values for March and April: However, the values for March and April were significantly revised downwards, indicating that the economic situation remains complex.
- Stable Unemployment Rate: The unemployment rate remained stable in May, which is a sign of a relatively stable employment situation.
- Stronger Wage Growth: Hourly wages increased more than expected, indicating a tight labor market and potentially rising inflation.
Market Reactions
The positive news from the employment report led to a significant rise in the major stock indices:
- Dow Jones Industrial: The Dow Jones rose by about 1.05% to 42,762.87 points, achieving a weekly gain of 1.2%.
- Nasdaq 100: The Nasdaq 100 increased by about 0.99% to 21,761.79 points, corresponding to a weekly gain of 2%.
- S&P 500: The S&P 500 closed 1.03% higher at 6,000.36 points.
This development shows that investors respond to positive economic news and that such reports have an important signaling effect for the markets.
Additional Factors
In addition to the employment report, there were other factors influencing the markets:
- Trade Talks with China: U.S. President Donald Trump announced new trade talks with China set for Monday, although this did not provide a lasting impulse for the markets.
- Conflict between Trump and Musk: The conflict between Donald Trump and Elon Musk has also weighed on the markets, even though this is not directly related to the employment report.
Overall, the positive employment report shows that the U.S. economy remains robust despite challenges, which encourages investors and leads to a market recovery.