The Housing Chronicles Blog: May job growth dropped sharply to 38,000

Friday, June 3, 2016

May job growth dropped sharply to 38,000

The U.S. economy created the fewest number of jobs in more than five years in May, hurt by a strike by Verizon workers and a fall in goods producing employment, pointing to labor market weakness that could make it difficult for the Federal Reserve to raise interest rates.

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