US Added 390,000 Jobs in May as Employment Growth Slowed to 13-Month Low

US Added 390,000 Jobs in May as Employment Growth Slowed to 13-Month Low
A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket in Hallandale, Fla., on Sept. 21, 2021. Joe Raedle/Getty Images
|Updated:
0:00

The U.S. economy added 390,000 jobs in May, topping the market estimate of 328,000. Even though employment growth was better than anticipated, it was the slowest since April 2021.

According to data released by the Bureau of Labor Statistics (BLS) on June 3, the unemployment rate remained unchanged at 3.6 percent.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
Related Topics