Article 5ZZ2P Growth in US jobs continued in May, continuing a 17-month streak of gains

Growth in US jobs continued in May, continuing a 17-month streak of gains

by
Dominic Rushe in New York
from Economics | The Guardian on (#5ZZ2P)

Unemployment rate holds at 3.6% for third month but rate for Black Americans is nearly twice that of white people

The US extended a year-long streak of strong jobs growth in May, adding another 390,000 new jobs, the Department of Labor said on Friday.

The unemployment rate remained at 3.6% for the third month in a row, near a half-century low. The number of unemployed people was also essentially unchanged at 6 million.

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