patience
Published on June 7 2019
07/06/2019
- US
- Nonfarm payrolls for May increased up by just 75,000, the Labor Department says.
- Economists surveyed by Dow Jones expected a gain of 180,000.
- March’s job count was revised lower from 189,000 to 153,000 and the April number was lowered to 224,000 from 263,000, for a total reduction of 75,000.
- The unemployment rate remained at a 50-year low of 3.6%.
- Average hourly earnings year over year in May were up 3.1%, one-tenth of a point lower than expectations.
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