Starke County Economic Development Foundation, Inc.
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May National Unemployment Report Shows Slight Optimism

The national unemployment rate for May is down slightly over the previous month, according to the U.S. Department of Labor. It’s currently at 5.8 percent, due in part to the addition of 559,000 jobs. That is down from the 674,000 economists surveyed by Bloomberg had estimated were added in May. The April jobless rate was 6.1 percent with only 226,000 new jobs. The leisure and hospitality sectors saw the biggest gains in May. Economists say this is due to restaurants and bars reopening. The education, health care and social assistance sectors also saw improvements, while construction jobs shrank.