Job growth weakens in May despite surge in census hiring
Friday, June 4, 2010 - 12:41
in Mathematics & Economics
The unemployment rate fell to 9.7% last month from 9.9% in April, due mainly to new, but temporary, census jobs, the Labor Department reports. Obama sounds an optimistic note but warns there will be more 'ups and downs.' A burst of hiring of temporary census workers helped push down the unemployment rate in May, but the nation's private-sector employers added a mere...