Economy Adds 175,000 Jobs in May

June 7, 2013

The nation’s economy added 175,000 new jobs in May and the jobless rate slightly increased to 7.6% compared to April’s 7.5%, according to figures released this morning by the U.S. Bureau of Labor Statistics (BLS). The 175,000 new May jobs outpaced April’s job growth by 10,000 and mark 38 straight months of positive job growth. But economists say the growth rate is too slow to fuel a healthy jobs recovery.

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