Job gains for March and April were revised down by a combined 95,000, portraying a weaker labor market than believed in late winter and early spring. March's total was downgraded from 185,000 to 120,000 and April's from 177,000 to 147,000.

U.S. job growth likely slowed considerably in May as businesses struggled with headwinds from tariff uncertainty, but probably not enough for a cautious Federal Reserve to resume cutting interest rates anytime soon.