Friday, June 3, 2016

Economy Update: Unemployment declines to 4.7 percent in May, hiring slows

The U.S. economy added a dismal 38,000 jobs in May, its worst performance in six years.  The unemployment rate fell 0.3 percentage points to 4.7 percent, the lowest level since 2007, the Labor Department reported on Friday. Economists had forecast around 160,000 jobs would be added in May.
Unemployment Rate & Jobs Added/Lost in the US Embed code in Javascript:
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US Unemployment Rate vs Labor Force Participation Rate Embed code in Javascript:
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Average Hourly Earnings in the United States Embed code in Javascript:
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