Unemployment Rate Drops...a Little

Even though the unemployment rate has edged back down from 9.9 to 9.7 percent, it's still a little early for anyone to take credit for a recovery. The most recent numbers released by the Bureau of Labor Statics reveal that employment did rise by 431,000 in May, but 411,000 of those jobs involved Census workers. The private sector added a mere 41,000 jobs last month, and analysts were disappointed. They'd expected an addition of 540,000 new jobs, in both the government and private sectors.