A lot of good in the Private numbers; hopefully this is a summer blip!
Hiring in U.S. Slowed in May With 54,000 Jobs Added
After several months of strong job growth, hiring in the United States slowed sharply in May, suggesting the economy may be running out of steam once again.
The Labor Department reported on Friday that the nation added 54,000 nonfarm payroll jobs last month, after an increase of about 220,000 jobs in each of the three previous months. The gain in May was about a third of what economists had been forecasting. The unemployment rate, meanwhile, edged up to 9.1 percent from 9.0 percent in April.
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