The May Jobs Report in Six Charts
The economy got some good news today, with a strong Nonfarm Payrolls report for the month of May. Here's a quick rundown of the most important numbers from Bureau of Labor Statistics.
The U.S. economy added 280,000 jobs last month, beating forecasts with a big improvement over April.
However, the unemployment rate did tick back up to 5.5 percent.
But the Labor Force Participation Rate also ticked up, so that's good news.
Average hourly earnings also saw a slight gain. They were up 0.3 percent, another improvement over April's 0.1 percent.
And in yet another slice of good news, the number of long-term unemployed people dipped once gain, down to 28.6 from 29.0 percent.
Finally, here's another break down of the NFP number by industry, since the start of 2008.
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