Job Seekers Should Look to Pockets of Good News Amid Weak May Job Numbers
By Kyle Stock
After two big gains in March and April, employers took a step back from hiring in May -- way back.
Skittish employers were even more hesitant to hire in May as the private sector added only 83,000 jobs, and the unemployment rate rose slightly to 9.1%., according to the jobs report from the Labor Department this morning. The growth lagged the expectations of economists surveyed by Dow Jones Newswires who had called for an increase of 160,000 jobs.