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Tag Archives: Bureau of Labor Statistics

3 Takeaways From the May Jobs Report

may jobs report

According to the U.S. Bureau of Labor Statistics, the economy added 559,000 jobs in May, reducing the national unemployment rate to 5.8 percent. Notable job gains happened in public and private education, hospitality and health care. Take a deeper dive …

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U.S. Unemployment Rate Falls to 13.3% in May

u.s. unemployment rate

The Bureau of Labor Statistics (BLS) released a report Friday showing the U.S. economy gained 2.5 million jobs in May, bringing the U.S. unemployment rate to 13.3 percent for the month, lower than April’s unemployment rate of 14.7 percent. Friday’s …

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U.S. Unemployment Rate Hits 14.7%

The U.S. economy lost 20.5 million jobs in April, as many businesses either curtailed service or closed their doors indefinitely amid COVID-19. The decline in jobs is the largest since the government began recording employment data in 1939, reports CNN. …

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