Payroll Growth Smallest in Nearly 2 Years - Yahoo! News
WASHINGTON - Job growth slowed nearly to a crawl in May, with new hiring registering the smallest gain in almost two years. The unemployment rate dipped to a low 5.1 percent, however.
The latest employment snapshot, released by the
Labor Department on Friday, kept up the recent pattern of choppy job creation. Employers boosted payrolls by just 78,000 after a hiring spurt of 274,000 in April.