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Economy Adds 38,000 Jobs In May, Unemployment Drops To 4.7 Percent

In this Wednesday, Jan. 22, 2014, photo, job seekers sign in before meeting prospective employers during a career fair at a hotel in Dallas. The government reports on state unemployment rates for December on Tuesday,... In this Wednesday, Jan. 22, 2014, photo, job seekers sign in before meeting prospective employers during a career fair at a hotel in Dallas. The government reports on state unemployment rates for December on Tuesday, Jan. 28, 2014. (AP Photo/LM Otero) MORE LESS
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June 3, 2016 8:36 a.m.
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The U.S. economy grew by 38,000 jobs in May, while the unemployment rate dropped to 4.7 percent, the Bureau of Labor Statistics reported on Friday.

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