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U.S. unemployment rate falls to 9.7% as employers add 431,000 jobs: Labor
Department
The unemployment rate in the U.S. dropped to 9.7 percent in May from 9.9
percent in April, the Labor Department said Friday.
Employers added 431,000 non-farm jobs in May, the largest monthly increase
in 10 years. Most of these jobs - 411,000 - were census positions.
However, private employment, a key indicator of the robustness of the labor
market, increased only slightly - up 41,000 in May as compared to 218,00
Department
The unemployment rate in the U.S. dropped to 9.7 percent in May from 9.9
percent in April, the Labor Department said Friday.
Employers added 431,000 non-farm jobs in May, the largest monthly increase
in 10 years. Most of these jobs - 411,000 - were census positions.
However, private employment, a key indicator of the robustness of the labor
market, increased only slightly - up 41,000 in May as compared to 218,00