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288,000 jobs added in May


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Job growth strong again

May jobs report shows 248,000 new jobs; April number revised higher; jobless rate holds at 5.6%.

June 4, 2004: 8:44 AM EDT

NEW YORK (CNN/Money) - U.S. job growth remained strong in May, a government report showed Friday, as the number of jobs added came in above Wall Street expectations.

The Labor Department report showed 248,000 new jobs in May, compared with the revised 346,000 increase reported in April. Economists surveyed by Briefing.com forecast the May report would show a 225,000-job gain.

The April job gain was revised up from a previous reading of 288,000 new jobs. The March jobs gain was also revised higher to 353,000 from a previous reading of 337,000 additional jobs. That puts the three-month job increase at 947,000, the best gain since 1.03 million jobs were added during the same three months of 2000.

The job increase was broad-based, with only government employment falling in the period. Manufacturing added 32,000 jobs and construction added 37,000. Retailers added 19,000 jobs....


Almost a million new jobs in just three months. Amazing for such a rotten economy.

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Guys, at the plant, we are into record sales months. I mean ALL TIME HIGHS!!!!

Yea, this economy stinks...:roll:

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