The U.S. added 69,000 jobs in May and the unemployment rate in the U.S. climbed to 8.2 percent, from 8.1 percent in April. At the same time, the number of jobs created in March and April has been revised down.
The government recorded just 69,000 additional jobs in May. A separate survey of households showed unemployment at 8.2 percent, a slight increase from April.
New York Bureau chief Heidi Moore and Sudeep Reddy of the Wall Street Journal check in for our weekly recap of wall street and the economy: Sluggish jobs report, Facebook plays the exchange game, and will IBM's CEO go to the Masters?
A recent report from the Department of Labor has job listings up sharply over two years prior, but with unemployment at 8.6 percent, job openings are not plentiful.