Payroll Growth Smallest in Nearly 2 Years - Yahoo! News

by salsa | June 3, 2005 at 12:37 pm

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WASHINGTON - Job growth slowed nearly to a crawl in May, with new hiring registering the smallest gain in almost two years. The unemployment rate dipped to a low 5.1 percent, however.
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The latest employment snapshot, released by the
Labor Department on Friday, kept up the recent pattern of choppy job creation. Employers boosted payrolls by just 78,000 after a hiring spurt of 274,000 in April.

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June 3, 2005 at 12:37 pm by salsa, 389 views, add comment

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