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US Economy Adds 280,000 Jobs in May
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05.06.2015
The US Labor Department said the US economy added 280,000 jobs in May, more than analysts had predicted. The statement said,
"Job gains occurred in professional and business services, leisure and hospitality, and health care."
Average earnings rose by 0.3%, however the jobless rate crept up to 5.5% from 5.4%.
Economists are watching the figures for signs of a rebound after a contraction in the first quarter.
"Job gains occurred in professional and business services, leisure and hospitality, and health care."
Average earnings rose by 0.3%, however the jobless rate crept up to 5.5% from 5.4%.
Economists are watching the figures for signs of a rebound after a contraction in the first quarter.
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