We've Finally Regained All the Jobs Lost in Downturn
Jobs report shows 217K new jobs in May, unemployment at 6.3%
By Evann Gastaldo, Newser Staff
Posted Jun 6, 2014 7:51 AM CDT
In this April 23, 2014 photo, Luke Gill, of Quicken Loans, left, talks with job candidate Jasmine Boykins at a job fair at the Matrix Center in Detroit.   (AP Photo/The Detroit News, David Coates)

(Newser) – Today's jobs report shook out slightly better than expected. Last month, 217,000 jobs were added, while economists had expected 210,000; the unemployment rate remained at 6.3%, while economists had expected it to tick up to 6.4%. That's the fourth straight month of "solid gains," the AP reports. Meanwhile, April’s previously reported 288,000 new jobs were revised downward to 282,000, but as Steven Russolillo points out at the Wall Street Journal, that's "still the biggest monthly gain in more than two years." March’s 203,000 number was not revised.

The AP offers this quick take on today's report: "The job market has reached a significant milestone. Nearly five years after the Great Recession ended, the US has finally regained all the jobs lost in the downturn. Yet that's hardly cause for celebration," it adds, given the steady growth in population since then.

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Showing 3 of 117 comments
ProbolyKnot
Jun 8, 2014 7:33 AM CDT
Republicans: The people whose policies destroy jobs. Democrats: The people whose policies create jobs.
ProbolyKnot
Jun 8, 2014 7:27 AM CDT
People who post off topic comments to Newser stories are nothing but self serving aholes only worthy of being made fun of. The ones who post repeatedly are the worst. Yes Cfit177, I'm talking about you.
hondo66
Jun 7, 2014 8:21 PM CDT
Good news ! b. o. has gone too far in the traitor for terrorist swap in that he did not notify congress as required clearly by law. This action is prosecutable and when the Repubs take the senate they are going after him