The headline

The economy added 139,000 jobs in May, and the unemployment rate remained at 4.2%, the Bureau of Labor Statistics reported Friday.

Investors expected roughly 127,000 new jobs and the unemployment rate to hold steady at 4.2%.

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The interpretation

Dan North, a senior economist with Allianz Trade Americas, told the Washington Examiner that the report is a “mixed bag.”

“Obviously, the headline non-farm payrolls came in a bit warm, but there were revisions, of course, down for the past two months,” he said. “Earnings a

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