US economy adds 280,000 jobs in May

GMT 14:21 2015 Friday ,05 June

Arab Today, arab today US economy adds 280,000 jobs in May

Unemployment rate ticked up
Washington - AFP

The US economy pumped out 280,000 jobs in May, the Labor Department announced Friday, far more than expected in a solid sign of growth after a winter stall.

Businesses in health care, retail sales and tourism hired new workers generously during the month, and firm gains also came in construction and government.

Wages also rose a solid 2.3 percent from a year ago, in a long-awaited sign that the jobs market could be tightening.

Other numbers also suggested a stronger market: figures for short-term unemployed and labor market dropouts also fell significantly.

But the unemployment rate, which is based on a separate set of data from the job creation numbers, ticked up slightly to 5.5 percent.

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab