Skip to footer

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.

|
SoldAtTheTop
In May, 175,000 jobs were added while civilian unemployment rose slightly to 7.6 percent. Overall, the number of private sector jobs — while showing an increase from April to May — remained 1.62 percent below peak levels of employment seen in December 2007.

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. 

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.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
The Christian Science Monitor was founded in 1908 to lift the standard of journalism and uplift humanity. We aim to “speak the truth in love.” Our goal is not to tell you what to think, but to give you the essential knowledge and understanding to come to your own intelligent conclusions. Join us in this mission by subscribing.
Subscribe
QR Code to 175,000 jobs added in May
Read this article in
https://www.csmonitor.com/Business/Paper-Economy/2013/0607/175-000-jobs-added-in-May
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe