175,000 jobs added in May
In May, 175,000 jobs were created, and unemployment rose slightly to 7.6 percent in the same period.
Today’s Employment Situation Report indicated that in May, net non-farm payrolls increased by 175,000 jobs overall with the private non-farm payrolls sub-component adding 178,000 jobs while the civilian unemployment rate increased slightly to 7.6% over the same period.Skip to next paragraph
Writer, The PaperEconomy Blog
'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.
Subscribe Today to the Monitor
Net private sector jobs increased 0.16% since last month climbing 1.95% above the level seen a year ago but remained 1.62% below the peak level of employment seen in December 2007.
The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.