Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Friday, December 26, 2014 Bookmark our site!
Local PennsylvaniaNationalInternationalNews Extras  
Published: June 5, 2014 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

217,000 jobs added in May; jobless rate still 6.3%



WASHINGTON — U.S. employers hired at a healthy pace in May for a fourth straight month, fueling hopes the economy will accelerate after a grim start to the year.
The Labor Department this morning reported that employers added 217,000 jobs last month. That’s down from 282,000 in April, which was revised slightly lower.
But job gains have now averaged 234,000 in the past three months, up from only 150,000 in the previous three.
Despite the gains, the unemployment rate, which is calculated from a separate survey, remained at 6.3 percent.
The job market has reached a significant milestone. Nearly five years after the Great Recession ended, the U.S. has finally regained all the jobs lost in the downturn.
Yet that’s hardly cause for celebration: The population has grown nearly 7 percent since then.





Back
Comments
Order Photos!
 
MORE NEWS HEADLINES
arrow United Way of Butler County executive director resigning to run for commissioner
arrow Police still seeking information on softball field vandalism
arrow 'Words can't describe it' Residents rally around family
arrow Students learn basics of coding
 
MOST READ ARTICLES
arrow Ex-school worker charged with having sex with student
arrow POLICE REPORTS
arrow Firefighters quickly put out fire in city
arrow Lever lifts tree