BLS Report: Nonfarm Payroll Employment Up in May, Unemployment Rate Unchanged
The Bureau of Labor Statistics reports that nonfarm payroll employment in the U.S. increased by 280,000 during May and unemployment rate held at 5.5 percent. BLS said in its latest jobs report released Friday the unemployment rate has been stable since February alongside the number of unemployed persons, with the long-term unemployed number at 2.5 million. BLS said the increase in nonfarm […] More