Employment Rose by 339,000 in May, Unemployment Also Rose

Employment Rose by 339,000 in May, Unemployment Also Rose

June 02, 2023 from Floor Focus FloorDaily News

Washington, DC, June 2, 2023-Total nonfarm payroll employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7%, the U.S. Bureau of Labor Statistics reported.

Job gains occurred in professional and business services, government, healthcare, construction, transportation and warehousing, and social assistance.