NYT

Discussion in 'Markets & Economies' started by sammysilver, Jun 5, 2015.

  1. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    It will be interesting to see the breakdown of the figures.

    BREAKING NEWS Friday, June 5, 2015 8:32 AM EDT

    U.S. Economy Added 280,000 Jobs in May; Unemployment Rate at 5.5%
    Employers added 280,000 jobs in May, the Labor Department reported on Friday, blunting worries about the American economy's momentum after a stretch of lackluster growth earlier this year.

    The official unemployment rate ticked up to 5.5 percent.

    Analysts surveyed by Bloomberg had expected the creation of 226,000 jobs and that the unemployment rate would remain unchanged.
    Although the report provides just a snapshot of the economy and is subject to revision, analysts are looking at this freshest set of figures to help pierce the confusion over whether the economy's contraction of 0.7 percent during the first quarter of 2015 was a blip, partly a casualty of the harsh winter, or evidence of a more fundamental slowdown.

    READ MORE
    http://www.nytimes.com/2015/06/06/b...ng-unemployment-may.html?emc=edit_na_20150605
     

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