US: Labour market recovery slowing

US: Labour market recovery slowing

After a revision of figures for April and a smaller than expected gain in May, economists are speculating that the recovery of the US market is starting to slow.

The private sector employment increase in April was revised down from 119,000 to 113,000 and in May US businesses added 135,000 new jobs which was some way short of the 170,000 predicted by analysts.

Almost all of the jobs created in the private sector were in the service industry, with the construction industry also increasing slightly. The goods-producing sector and manufacturing industry both lost jobs.

Is your US business currently hiring and expanding or are you unable to afford to take on anybody else at the moment?

via The Guardian

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