U.S. Job Growth in May Was Negligible. 3 Million Jobs Lost Since June 2008
By Katie Eder – NJ Biz May 31, 2012 – Ahead of tomorrow’s monthly jobs report by the Bureau of Labor Statistics, private-sector nonfarm employment grew by 133,000 jobs in the United States in May, according to data released today by Roseland, New Jersey-based Automatic Data Processing, which revised its April worker increase down from the initial report of 119,000 to 113,000. (BIZ INDIA Editor’s Note: To get some perspective, 133,000 jobs is a gain of less than one-thousandth of one percent (.009) of the total U.S. workforce of 142,058,809 people today. In other words, relatively negligible growth. This...
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