The New York Times
Fri, June 04, 2010 -- 8:41 AM ET
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U.S. Payrolls Grew by 431,000 in May; Jobless Rate Fell to 9.7%
Employers added 431,000 nonfarm jobs nationwide in May, the
biggest increase in a single month since the recession, the
Labor Department said Friday. But the bulk of the growth was
in government jobs, driven by hiring for the Census, and
private-sector job growth was weak.
The unemployment rate fell to 9.7 percent nationwide, from
9.9 percent in April, the department said.
The figures for May represented the fifth consecutive month
that payrolls have risen, but fell below analysts'
expectations that 540,000 jobs would be added to the economy.
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