US Economy Adds Fewer Jobs in May Than Expected

• June 2, 2017
• realestate
• Business & Markets, Politics & Economy, Real Estate Finance

The U.S. economy added 138,000 net new jobs in May, falling short of expectations for 185,000 jobs. The unemployment rate ticked lower to 4.3% from 4.4%, while the labor force participation rate edged down slightly to 62.7% from 62.9% during the month.