U.S. Created 175,000 Jobs in May, Unemployment up to 7.6%

U.S. Created 175,000 Jobs in May, Unemployment up to 7.6%

MarketWatch reports, “The U.S. created 175,000 jobs in May in a sign that the economy continues to grow at a moderate pace despite higher taxes, federal spending cuts and a weak global economy. The unemployment rate ticked up to 7.6% from 7.5%, the Labor Department said Friday, as more people entered the labor force in search of work. Economists surveyed by MarketWatch expected an increase ...