U.S. payroll growth slowed modestly in May as employers added 139,000 jobs amid uncertainty about President Trump 's sweeping import tariffs, federal government layoffs and immigration crackdown. The unemployment rate held steady at 4.2%, the Labor Department said Friday.

In the latest jobs report, out Friday, there’s some details to like and and some to be worried about. On the “maybe we should worry about this” side, the labor force participation rate — aka the percentage of Americans either working or actively looking for work — dropped to 62.4%, which is well off the recent highs of the past couple years.