more bad news for our friends on the left
Payrolls rise by better than expected 223,000 in May, jobless rate drops to 3.8%
The U.S. economy continued to add jobs at a solid clip in May, with nonfarm payrolls up 223,000 while the unemployment rate was 3.8 percent, the Bureau of Labor Statistics reported Friday.
Economists had been expecting payroll growth of 188,000 and the jobless to hold steady at 3.9 percent.
The unemployment rate was last this low in April 2000.
Payrolls rise by better than expected 223,000 in May, jobless rate drops to 3.8%
The U.S. economy continued to add jobs at a solid clip in May, with nonfarm payrolls up 223,000 while the unemployment rate was 3.8 percent, the Bureau of Labor Statistics reported Friday.
Economists had been expecting payroll growth of 188,000 and the jobless to hold steady at 3.9 percent.
The unemployment rate was last this low in April 2000.