US Labor Department Employment Situation Report Shows Economy Added 54,000 Jobs in May 2011

The U.S. Labor Department’s Bureau of Labor Statistics Employment Situation Report for May 2011 shows that total nonfarm payroll employment added 54,000 jobs following gains that averaged 220,000 jobs in the prior three months. For May 2011, the job gains continued in professional and business services, healthcare, and mining while employment levels in other major…