Hiring Rates Rise, Unemployment Continues Decline

Last Friday the U.S. Department of Labor Statistics released its monthly employment summary, per the Bureau of Labor Statistics. In May, the increase in hiring caused nonfarm payroll employment to rise by 223,000. The unemployment is continuing its downward from April; this the unemployment rate edged down to 3.8 percent. The number of unemployed people in May declined to 6.1 million.  

Sign up for our eNewsletters
Get the latest news and updates