Unemployment up but pace slows

Author:
Updated:
Original:

The unemployment rate rose last month to 9.4 percent, up from 8.9 percent in April, the U.S. Department of Labor reported today.

Steep job losses continued in manufacturing, while declines moderated in construction and several service-providing industries.

The number of unemployed persons increased by 787,000 to 14.5 million in May, according to the latest statistics.

Click here for the full report.

Click here for a Wall Street Journal report.

Related

Conservation Group Calls for Striper Break

Stripers Forever says a 10-year harvest moratorium will save striped bass from another population collapse.

Lumishore Appoints Operations Manager

Adam Hurley will oversee U.S. operations for the LED lighting system manufacturer.

Leader, Know Thyself

Becoming more self-aware is a vital tool that will help you become happier and a better leader, says Correct Craft CEO Bill Yeargin.

NMMA Confirms Industry Growth

NMMA president Frank Hugelmeyer said the boating business grew 12 percent last year during yesterday’s virtual State of the Boating Industry address.

Newport Show Dates Announced

Organizers are planning for an in-person Golden Anniversary edition of the show Sept. 16-19.