The U.S. economy added 138,000 jobs in May, a number that disappointed analysts but signaled the Federal Reserve would raise interest rates when it meets in two weeks. The Bureau of Labor Statistics reported the unemployment rate ticked down to 4.3 percentβits lowest measure since May 2001. Analysts had expected a figure of 185,000 jobs for the month. Average hourly wages were up 2.5 percent from the same time a year ago.
Trump promised to create 25 million jobs. Instead he's caused uncertainty and a hiring slowdown. #JobsReport https://t.co/Vrq9CI882e
— The Daily Edge (@TheDailyEdge) June 2, 2017