• About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 6, 2026
  • Login
TheClevelandAmerican
  • Home
  • U.S.
  • World
  • Business
  • Science
  • Tech
  • Sport
  • Entertainment
No Result
View All Result
  • Home
  • U.S.
  • World
  • Business
  • Science
  • Tech
  • Sport
  • Entertainment
No Result
View All Result
TheClevelandAmerican
No Result
View All Result

The economy added 272,000 jobs in May

Rudyard Kipling by Rudyard Kipling
June 7, 2024
Home Economy
Share on FacebookShare on Twitter

(CNN) — US job growth rose in May, jumping to 272,000 jobs, much higher than expected, while the country's unemployment rate broke a 27-month unemployment streak below 4%.

May's job gains are much larger than April's total, which was revised down to 165,000. May's data was well above expectations of 180,000, according to data from the Federal Reserve. The Bureau of Labor Statistics released Friday.

The unemployment rate rose from 3.9% to 4%. This is the first time in more than two years that the unemployment rate has not been less than 4%.

Service industries accounted for the bulk of the month's employment gains, with health care and social assistance continuing to lead the way, with 83,500 jobs added.

As of May, the U.S. economy added an average of 247,800 jobs per month, roughly in line with the strong job growth seen last year. Estimated salary increases for March and April were revised downward slightly: in March from 5,000 to 310,000; In April, between 10,000 and 165,000.

See more employment news

See also  The $50,000 Powerball ticket win will expire tomorrow, Monday, and the winner will forfeit everything if it is not cashed out.
Rudyard Kipling

Rudyard Kipling

"Reader. Evil problem solver. Typical analyst. Unapologetic internet ninja."

Next Post
Biden officials say border crossings between Mexico and U.S. haven't slowed since new restrictions on asylum

Biden officials say border crossings between Mexico and U.S. haven't slowed since new restrictions on asylum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending.

Foundry DST Launches County-Level AI Messaging Intelligence Platform Across Oklahoma

Foundry DST Launches County-Level AI Messaging Intelligence Platform Across Oklahoma

May 9, 2026
The Mexican economy will grow this in 2023 and 2024;  The World Bank updates the forecast for the country

The Mexican economy will grow this in 2023 and 2024; The World Bank updates the forecast for the country

June 6, 2023
How To Enable Dark Mode In Google Search

How To Enable Dark Mode In Google Search

September 14, 2021
Franklin County Auditor’s Office to Hold Community Shred Hunger Event in Columbus

Franklin County Auditor’s Office to Hold Community Shred Hunger Event in Columbus

May 8, 2026
Lt. Col. Dan Rooney Launches Congressional Bid in Oklahoma’s 1st District

Lt. Col. Dan Rooney Launches Congressional Bid in Oklahoma’s 1st District

April 2, 2026
TheClevelandAmerican

We bring you high-quality content covering news, stories, and insights that matter. Explore our platform for the latest updates

Follow Us

Categories

  • Art
  • Business
  • Economy
  • Energy
  • entertainment
  • Games
  • Health
  • science
  • sport
  • Tech
  • Top News
  • World

Recent News

New Jersey Commits .2 Million to Legal Defence Programme for Immigration Detainees

New Jersey Commits $20.2 Million to Legal Defence Programme for Immigration Detainees

June 5, 2026
Professor Secures UNC Asheville’s First National Cancer Institute Grant for Cancer Research

Professor Secures UNC Asheville’s First National Cancer Institute Grant for Cancer Research

June 5, 2026
  • About Us
  • DMCA
  • Contact Form
  • Privacy Policy

© 2026 The Cleveland American Media Portal — Independent News & Media Network.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Review
  • Security

© 2026 The Cleveland American Media Portal — Independent News & Media Network.