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We’ve Finally Regained All the Jobs Lost in Downturn

Jobs report shows 217K new jobs in May, unemployment at 6.3%   Today’s jobs report shook out slightly better than expected. Last month, 217,000 jobs were added, while economists had expected 210,000; the unemployment rate remained at 6.3%, while economists had expected it to tick up to 6.4%. That’s the fourth straight month of “solid gains,” the Associated Press reports. Meanwhile, April’s reported 288,000 new jobs were revised downward to 282,000, but as Steven Russolillo points out at the Wall Street Journal, that’s “still the biggest monthly gain in more than two years.” March’s 203,000 number was not revised. Continue reading here…

By Evann Gastaldo,  Newser Staff

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