Alva Review-Courier -

The Latest: US employers added a weak 75,000 jobs in May

 


WASHINGTON (AP) — The Latest on the May U.S. jobs report (all times local):

8:30 a.m.

U.S. hiring slowed in May as employers added just 75,000 jobs, a sign that businesses may have become more cautious in the face of slowing global growth, trade fights and the fading stimulus from tax cuts and greater government spending.

The Labor Department says the modest increase follows a healthier gain of 224,000 in April. Hiring in the previous two months was revised lower by a combined 75,000. The unemployment rate remained at a nearly 50-year low of 3.6%. The job gains in May were the fewest sinc...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019