U.S. creates 175,000 new jobs in May

U.S. creates 175,000 new jobs in May
June 7, 2013 Leaders Hub

US employment rose by slightly more than economists had predicted during May.

The latest US non-farm payrolls show that 175,000 jobs were created last month. But the unemployment rate increased slightly to 7.6%.

Shares had mostly fallen in the run up to the figures, as investors worried that a strong report could lead the Fed to slow its bond-buying programme.

Source: BBC News

Comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *