The US added 272,000 jobs in May, a hotter-than-expected figure. Acting Labor Secretary Julie Su joins Yahoo Finance's Jennifer Schonberger to discuss the state of the labor market and what it could indicate for the Federal Reserve's next interest rate decision.

Su notes that along with the 272,000 new jobs, the unemployment rate has sat at or below 4% for 30 months, the longest period since the 1960s. She says that these figures indicate a "continuation of a very solid year and a very solid economic recovery."

As for the Fed's next interest rate move, Su says, "I don't think there's any way but to say that the numbers don't lie and say that this is a soft landing. Strong job growth, low levels of unemployment, high labor force participation rate. It's all the things that you would want,"

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This post was written by Melanie Riehl