US adds 559,000 jobs in May as hiring rebounds

Sun Online Desk

5th June, 2021 08:35:08 PM printer

US adds 559,000 jobs in May as hiring rebounds

 

US employers added 559,000 jobs in May, rebounding from April’s hiring slowdown, with unemployment rate dropping to 5.8 per cent, the Labour Department reported.

The latest data followed upwardly revised job growth of 278,000 in April and upwardly revised increase of 785,000 in March, indicating a bumpy road in labour market recovery, reports Xinhua news agency.

In May, job gains were notable in leisure and hospitality, public and private education, as well as health care and social assistance, according to the report released on Friday by the Department’s Bureau of Labour Statistics.

Employment in leisure and hospitality increased by 292,000, as pandemic-related restrictions continued to ease in some parts of the country.

Employment in local government education, state government education and private education increased by 53,000, 50,000 and 41,000, respectively, but is still lower than the pre-pandemic level, IANS reported.

The monthly employment report was released one day after payroll data company Automatic Data Processing reported that private companies in the US added 978,000 jobs in May, posting the biggest gain in 11 months.


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