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U.S. economy adds fewer jobs than expected in May, wage growth in line

Published 06/02/2017, 09:12 AM
Updated 06/02/2017, 09:12 AM

Investing.com - The U.S. economy created fewer jobs than expected in May as wage growth in line with estimates.
The Labor Department said nonfarm payrolls added 138,000 after a revised increase of 174,000 in April.
Analysts had expected non-farm payrolls to add 185,000 jobs last month.
The April figure was revised from an initial reading of 211,000.
Average hourly wages were up 0.2% from April when they rose a revised 0.2% from 0.3%.
Wages were forecast to rise 0.2% last month.
The unemployment rate fell to 4.3% when forecast to be unchanged at 4.4%.
The dollar index was down 0.47% at 96.70 after the data when it had held above 97 prior to the release.

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Machine n automation taking over .. how can jobs be increasing
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