Job Growth Softened in May


Total nonfarm payroll employment increased by 75,000 in May, while the unemployment rate remained at 3.6%. Residential construction employment increased by 5,200 in May, after a decline of 1,600 jobs in April. The total construction industry (both residential and nonresidential) gained 4,000 jobs in May. According to the Employment Situation Summary for May, released by the Bureau of Labor Statistics… Read More ›

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