Employers, largely in the private sector, created another 175,000 new jobs in May, according to today’s report from U.S. Bureau of Labor Statistics, and the unemployment rate nationally was essentially unchanged at 7.6 percent.
Professional and business services, food services and drinking places, and retail trade sectors accounted for most of the increase. The civilian labor force rose by 420,000 in May, but the participation rate was little changed at 63.4 percent.
Health care jobs continued to grow (+11,000) with gains in home health care and outpatient care centers more than offsetting a loss of 6,000 positions in hospitals. Federal government jobs dropped by 14,000 in May.
Average hourly earnings on private nonfarm payrolls at $23.89 per hour changed very little last month, though this measure has gained 46 cents over the past year.
You can read details of today’s Jobs Report at this link.