Economy Adds 75K Jobs In May, Well Below Expectations

The U.S economy added 75,000 jobs in May, the Labor Department reported Friday, well below expectations.

Economists expected the U.S. to add roughly 185,000 jobs in May after a larger than expected gain of 263,000 jobs in April.

Both the unemployment rate and labor force participation rate stayed even at 3.6 percent and 62.8 percent respectively.

Read more at The Hill.

{Matzav.com}