Economy

US Adds 175,000 Jobs; Unemployment Rate Ticks Higheri
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June 07, 2013 11:09 PM
The U.S. economy gained 175,000 jobs in May, the latest in a string of mostly upbeat economic reports that has prompted thousands of Americans to resume their hunt for work. People are not counted as unemployed unless they are actively seeking work, so the surge of people rejoining the job search had the ironic effect of raising the unemployment rate slightly. Mil Arcega has more.

US Adds 175,000 Jobs; Unemployment Rate Ticks Higher

Published June 07, 2013

The U.S. economy gained 175,000 jobs in May, the latest in a string of mostly upbeat economic reports that has prompted thousands of Americans to resume their hunt for work. People are not counted as unemployed unless they are actively seeking work, so the surge of people rejoining the job search had the ironic effect of raising the unemployment rate slightly. Mil Arcega has more.


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