U.S. Employment Held Back by Weak Economy

Nonfarm payroll employment changed little (+54,000) in May, and the unemployment rate was up to 9.1 percent from 9 percent in April, the U.S. Bureau of Labor Statistics reported on June 3.

Job gains continued in professional and business services, health care, and mining. Employment levels in other major private-sector industries were little changed, and local government employment continued to decline.

The number of unemployed persons (13.9 million) and the unemployment rate (9.1 percent) were essentially unchanged in May. The labor force, at 153.7 million, was little changed over the month.

Total nonfarm payroll employment was little changed in May (+54,000), following gains that averaged 220,000 in the prior 3 months. Private-sector employment continued to trend up (+83,000), although by a much smaller amount than the average for the prior 3 months (+244,000).

The change in total nonfarm payroll employment for March was revised from +221,000 to +194,000, and the change for April was revised from +244,000 to +232,000.

U.S. Employment Held Back by Weak Economy

TradingEconomics.com, US Bureau of Labor Statistics
6/3/2011 1:39:50 PM