# What the Fed Is Watching in the May Jobs Report

Page: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-the-fed-is-watching-in-the-may-jobs-report
Text version: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-the-fed-is-watching-in-the-may-jobs-report.md
Podcast: [The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy](https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696)
Published: 2026-06-09T17:39:15+00:00
Episode link: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0041.mp3
Audio file: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0041.mp3
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Duration seconds: 522

## Resource

Lucas and Luna preview the May jobs report due this Friday, June 12, 2026. They dig into the ADP private payrolls number of 122,000, the surprising strength in services hiring, and what the Fed's focus on wage growth means for the interest rate outlook. They also discuss why the New York Fed's household survey showing rising financial anxiety complicates the narrative. A focused, data-driven conversation for anyone trying to understand what the Fed actually pays attention to in the monthly jobs data. #FederalReserve #JobsReport #MayJobs #ADP #Payrolls #MonetaryPolicy #InterestRates #LaborMarket #WageGrowth #Inflation #NewYorkFed #HouseholdSurvey #Economics #FexingoBusiness #BusinessPodcast #Podcast #Economy #FOMC Keep every episode free: buymeacoffee.com/fexingo

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## Transcript

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