U.S. Economy Adds 75,000 Jobs in May

Friday, June 07, 2019
GoLocalPDX Business Team

The U.S. economy added 75,000 jobs in the month of May, while the unemployment rate stayed at 3.6%, according to the Department of Labor.

The unemployment rate is at its lowest level since 1969.

Job Numbers

According to the Department of Labor, total non-farm payrolls dropped from April’s 224,000.

The main numbers were lower than the median 185,000 that was predicted by economists back in May, the Department of Labor reports.

A positive for the economy is healthcare and professional and business services.

According to CNN, between the two occupations, they have added almost 900,000 jobs over the past year.