U.S. economy adds 138,000 jobs according to May jobs report

U.S. economy adds 138,000 jobs according to May jobs report

The unemployment rate also dropped to 4.3 percent, the lowest rate since 2007.

June 5, 2017
NPR
Industry News

The U.S. economy added 138,000 jobs in May, according to the monthly jobs report released by the Bureau of Labor Statistics on Friday morning.

The national unemployment rate nudged lower, to 4.3 percent from 4.4 percent — a 16-year low. The 4.4 percent level had been the lowest since since 2007, before the recession hit.

But the jobs numbers were not as strong as some were hoping to see. Economists had been expecting job gains of about 185,000, NPR's Yuki Noguchi reports, and to see the unemployment rate holding steady.

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