Hiring beat expectations with 172,000 new jobs. The unemployment rate held steady at 4.3%.

The May report blew past estimates of around 80,000 job gains, as the economy shows signs of momentum after a patch of job losses in the fall and winter.

The country added more jobs than expected in May, posting strong payroll gains for the third month in a row. It was the latest sign that the U.S. labor market is steadily recovering from a weak patch last fall and winter.

U.S. employers added a surprising 172,000 jobs in May as the labor market continued to show resilience in the face of rising costs from the Iran war. The Labor Department reported Friday that job growth was down slightly last month from a revised 179,

U.S. employers added a surprising 172,000 jobsin May as the labor market continued to show resilience in the face of rising costs from the Iran war

The American job market continues to show surprising strength, shrugging off the high costs of the Iran war. Employers added 172,000 jobs in May — roughly double what forecasters had expected — and the unemployment rate remained at a low 4.

CNN News Central’s Kate Bolduan and Senior Reporter Matt Egan dive through the new May jobs report showing a much stronger than expected 172,000 jobs were added last month, indicating resilience despite rising costs from the Iran war.

The U.S. added 172,000 jobs in May, the Labor Department said Friday, beating expectations. The unemployment rate stayed unchanged at 4.3% in May.