Group 1 - The core point of the article indicates that the U.S. non-farm payrolls increased by 139,000 in May, surpassing the expected increase of 126,000, while the previous month's figure was revised down from 177,000 to 147,000, reflecting a downward adjustment of 95,000 jobs over the past two months [1] - The unemployment rate in the U.S. for May stood at 4.2%, consistent with both the expected value and the previous value [1] - The data suggests a slowdown in employment growth in May, with previous months' figures being revised down, indicating that employers are cautious about growth prospects amid the economic policies of the Trump administration [1]

Group 1 - The core point of the article indicates that the U.S. non-farm employment population decreased slightly from 185,000 to 177,000 in April, which is better than the expected decline to 130,000 [2] - The unemployment rate in the U.S. remained stable at 4.2%, showing no further deterioration [2] - The latest employment data suggests that despite a contraction of -0.3% in the U.S. economy during the first quarter, the non-farm employment figures have not shown significant decline, supporting the Federal Reserve's cautious stance on monetary policy [2] - There is speculation that the Federal Reserve may maintain its current interest rates in the upcoming May meeting, as the employment data does not warrant aggressive rate cuts [2] - President Trump has been advocating for early interest rate cuts by the Federal Reserve to mitigate the negative impacts of his tariff policies on the U.S. economy [2] - If the Federal Reserve continues its cautious approach and slows down the pace of rate cuts, the U.S. economy may not show significant recovery in the second quarter and could potentially face technical recession [2] - Former Treasury Secretaries Summers and Yellen have expressed concerns that the current economic policies are self-destructive and may not achieve their intended goals [2]

Core Viewpoint - The article discusses the role of U.S. Treasury Secretary Scott Bessent in managing the unpredictable economic policies of President Trump, highlighting his background in hedge funds and his previous experience with George Soros [1][3]. Group 1: Background of Scott Bessent - Scott Bessent is recognized as the most market-savvy official within Trump's inner circle, having worked under George Soros and participated in the significant "shorting the pound" event in 1992, which was based on economic fundamentals [3]. - Bessent has acted as a "firefighter" during negative impacts of Trump's economic policies, intervening to calm the markets by facilitating the suspension of reciprocal tariffs and protecting the independence of the Federal Reserve [3]. Group 2: Market Reactions and Concerns - The market is closely monitoring Bessent's actions, as his relationship with Trump is crucial; any potential removal from the inner circle could lead to increased caution among global investors [5]. - While there is hope that Bessent can stabilize Trump's erratic behavior, pessimists argue that his influence may be limited and unable to address long-standing structural risks in the U.S. economy, such as fiscal deficits and debt burdens [5].