There were a quarter of a million new jobs new jobs last month!
Here are the details:
“The Department of Labor reported today that payroll employment increased by 248,000 jobs in May following even larger job gains in both April (346,000 new jobs) and March (353,000 jobs).
“Highlights:
* Over 1.1 million new jobs have been created in 2004. If this pace of job growth continues, over 2.8 million new jobs will be created this year.
* Since August 2003, payrolls have risen by 1.4 million jobs.
* Employment continued to expand in manufacturing, rising by 32,000 jobs in May. There have been 91,000 manufacturing jobs created in the past four months.
* April statewide data from the Department of Labor also showed that the unemployment rate has fallen in 47 states over the past year.
Here is the full report and here is a quick look at the trends.
The entrepreneurial economic recovery rolls on!
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