Economy Gains 339,000 Jobs in May Though Unemployment Rises to 3.7 Percent
The establishment and household surveys told two different stories in May. The jobs numbers for the month were surprisingly high, with the survey showing a gain of 339,000 jobs. In addition, the numbers for the prior two months were revised up, so that the three-month average now stands at 283,000 jobs. At the same time, the household survey showed a drop in employment of 310,000...