Job growth slowed abruptly in May

Unemployment rate drop was due to sharp reduction in labor force.

The labor market softened in recent months, with May representing the weakest job growth in nearly six years, according to the National Restaurant Assn. chief economist Bruce Grindy. 

Preliminary figures released June 3 by the Bureau of Labor Statistics showed that job growth in the national economy slowed abruptly in May. The economy added a net 38,000 jobs on a seasonally adjusted basis in May, which represented the weakest monthly increase since September 2010.

The story

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