May, Unemployment Rate | featured news

May unemployment rate up to 9.1%; employers add just 54,000 to payrolls

May unemployment rate up to 9.1%; employers add just 54,000 to payrolls

The nation's job market took a turn for the worse last month as employers sharply pulled back their hiring and the unemployment rate edged up to 9.1%, the Labor Department said Friday.

 

Job Losses Slow; Unemployment at 9.4%

Job Losses Slow; Unemployment at 9.4%

The U.S. unemployment rate was the highest in 26 years, the government said on Friday, but the loss of 345,000 jobs in May, fewer than expected, was seen as a sign that the job market was no longer in free fall.

 

Subscribe to this RSS topic: Syndicate content