Employers in the US hired fewer workers in May

 
 

May payroll numbers worse than forecast, Employers in the US hired fewer workers in May, Payrolls rose by 431000, Economists projected a 536000, Stock futures drop

May payroll numbers worse than forecast, Employers in the US hired fewer workers From Bloomberg June 4, 2010. “Employers in the U.S. hired fewer workers in May than forecast and Americans dropped out of the labor force, showing a lack of confidence in the recovery that may lead to slower economic growth. Payrolls rose by 431,000 last month, including a 411,000 jump in government hiring of temporary workers for the 2010 census, Labor Department figures in Washington showed today. Economists projected a 536,000 gain, according to the median forecast inRead More