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U.S. job market recovers but shows remaining scars
May payrolls rose 217000, lifting total jobs to surpass 2007 recession level while unemployment falls to 6.3 percent. Yet manufacturing and construction losses linger, government payrolls shrink, and wage growth remains weak amid a shift to lower paying service jobs and more part time work.
MENTIONED IN THIS ARTICLE
Washington
U.S
Stuart Hoffman
PNC_ Financial Services
Patrick O'Keefe
Colin Reznick
U.S. Postal Service
O'Keefe
Liberal Economic Policy Institute
Institute
Larry Mishel
Sentior
National Employment Law Project
Mike Evangelist
NELP
Europe
Japan
United States
Organization For Economic Cooperation and Development
Paris
OECD
John Silvia
Wells Fargo
Silvia
Diane Swank
Mesirow Financial