Bureau Labor Statistics and Unemployment Rate

jobs: The new report from Bureau of Labor Statistics shows the U.S. economy added 280,000 jobs in May, well ahead of expectation, according to MSNBC. The overall unemployment rate inched higher to 5.5%, though it remains at a seven-year low. The latest jobs tally seems to offer a very encouraging answer. The revisions were also generally positive. Combined, that an addition of 32,000 previously unreported new jobs. March job totals were revised up, from 85,000 to 119,000, while April were just a tad lower, dropping from 223,000 to 221,000. (news.financializer.com). As reported in the news.

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