Job Growth Slows, but Remains Steady in May — RISMedia

Jobs continued to see growth in May, albeit at a slower rate than previous months, as the unemployment rate remained steadfast, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics.

The latest Jobs report saw employment grow by 139,000 jobs in May, down from 177,000 jobs in April but still a solid growth rate. The unemployment rate remained unchanged at 4.2%. 

“The May report indicates that the pace of job growth has slowed slightly, but overall labor market conditions still seem solid, despite growing economic uncertainty,” said Dr. Lisa Sturtevant, chief economist at Bright MLS.

Positive changes were seen again in healthcare, leisure and hospitality and social assistance, while the federal government…