I'm new to macroeconomics and trying to understand recent macro news. On June 07 2024 two indicators released:

1. Unemployment increased from 3.9% to 4.0%
2. US Nonfarm Payrolls rose by 272K in May, after increasing by 165K the previous month.

I thought that when more jobs are created it means that Unemployment must fall. In my understanding it can rise only if total labor force increased or participation rate increased. Recent data shown that participation rate decreased, so does both Unemployment and NFP rise mean that total labor force increased?

I'm new to macroeconomics and trying to understand recent macro news. On June 07 2024 two indicators released:

1. Unemployment increased from 3.9% to 4.0%
2. US Nonfarm Payrolls (NFP) rose by 272K in May, after increasing by 165K the previous month.

I thought that when more jobs are created it means that Unemployment must fall. In my understanding it can rise only if total labor force increased or participation rate increased. Recent data shown that participation rate decreased, so does both Unemployment and NFP rise mean that total labor force increased?

I'm new to macroeconomics and trying to understand recent macro news. On June 07 2024 two indicators released:

1. Unemployment increased from 3.9% to 4.0%
2. NFP increased from 165K to 272K

I thought that when more jobs are created it means that Unemployment must fall. In my understanding it can rise only if total labor force increased or participation rate increased. Recent data shown that participation rate decreased, so does both Unemployment and NFP rise mean that total labor force increased?

I'm new to macroeconomics and trying to understand recent macro news. On June 07 2024 two indicators released:

1. Unemployment increased from 3.9% to 4.0%
2. US Nonfarm Payrolls rose by 272K in May, after increasing by 165K the previous month.

I thought that when more jobs are created it means that Unemployment must fall. In my understanding it can rise only if total labor force increased or participation rate increased. Recent data shown that participation rate decreased, so does both Unemployment and NFP rise mean that total labor force increased?