What to expect from Friday’s jobs report

CNN —

The government’s May jobs report, slated for release at 8:30 a.m. ET Friday, could reveal the first signs of the impact on American workers of President Donald Trump’s harsh on-again, off-again tariff policy.

The consensus forecast is for the US economy to have added 130,000 jobs, slowing from a stronger-than-expected 177,000 gain in April , and for the unemployment rate to hold at 4.2% for the third consecutive month, according to FactSet estimates.

“The labor market is good, but it’s not exceptional, and we’re in the process of putting some real strain on the economy,” Claudia Sahm, New Century Advisors chief economist, told CNN in an interview.

A case in point: Last June, after almost a full year on the job hunt, Jordan Williams landed a role at a high-growth, United Kingd