Job seeker Craig Cline of Lincolnwood, Ill., right, meets with Jeremy Skeeters, left, and Lindy Hammel of Aflac Insurance Co. during a career fair May29 in Rolling Meadows, Ill. The U.S. economy added 175,000 jobs in May, a gain that shows employers are hiring despite government spending cuts and higher taxes, according to the Labor Department.
Employers added a better-than-expected 175,000 jobs in May, providing further evidence of a resilient labor market despite huge federal spending cuts and global economic turmoil.
The unemployment rate rose to 7.6 percent from 7.5 percent, the Labor Department said Friday, as 420,000 Americans, including previously discouraged workers who had given up job-hunting, joined the labor force. The labor force includes people working and looking for work.
Businesses added 178,000 jobs, while federal, state and local governments cut 3,000. Professional and business services, leisure ...