From Name

From Email

To Name

To Email

Message

Hospitality, leisure, construction lead job growth in May

from GlobeSt.com

Hospitality, leisure, construction lead job growth in May GlobeSt.com If the lower unemployment rate in May is any indication, the country may be experiencing the shortest economic downturn since the 1930s. As pointed out in a research brief by Marcus & Millichap, the U.S. unemployment rate dipped to 13.3% last month. The country had reached 14.7% unemployed in April, the highest rate since 1948. Overall, 2.5 million jobs were added in May. The construction industry regained 464,000 jobs last month, mostly in residential building. The job gains totaled almost half of April's job losses. READ MORE

more