{"id":435411,"date":"2011-06-03T12:58:10","date_gmt":"2011-06-03T12:58:10","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/03\/us-employment-in-sharp-slowdown\/"},"modified":"2011-06-03T12:58:10","modified_gmt":"2011-06-03T12:58:10","slug":"us-employment-in-sharp-slowdown","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/","title":{"rendered":"US employment in sharp slowdown"},"content":{"rendered":"<p><div readability=\"70.0456781448\"><span><span>3 June 2011<\/span> <span>Last updated at<\/span> <span>08:58 ET<\/span><\/span><\/p>\n<p>US employment growth registered a surprise sharp slowdown in May, with only 54,000 net new jobs added.<\/p>\n<p>Markets had expected a rise of 150,000. It follows a downwardly revised but still rapid 232,000 increase in April.<\/p>\n<p>Despite the slowdown, it was the eighth month in a row of positive employment growth, <a href=\"http:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\">according to data from the US Labor Department<\/a>.<\/p>\n<p>The unemployment rate also rose unexpectedly to 9.1%, from 9% a month earlier.<\/p>\n<p>Last month, unemployment had also risen faster than expected, up from 8.8% in March.<\/p>\n<p>The private sector created 83,000 new jobs in the month, while local governments reduced their headcount for the the 22nd month in a row, by an unusually large 28,000.<\/p>\n<p>&#8220;Job gains continued in professional and business services, health care, and mining,&#8221; said the Bureau of Labor Statistics.<\/p>\n<p>The figures mirror similarly disappointing US economic data released in the last week, including an apparent slowdown in the manufacturing sector.<\/p>\n<p>Total employment in the US still remains nearly 5% below the pre-recession peak it registered nearly three-and-a-half years ago, in what has been the worst jobs recession since World War II.<\/p>\n<p>The employment and unemployment figures are collected using different methods.<\/p>\n<\/div>\n<p>Go here to read the rest:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-13643716\" title=\"US employment in sharp slowdown\" rel=\"noopener noreferrer\">US employment in sharp slowdown<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 3 June 2011 Last updated at 08:58 ET US employment growth registered a surprise sharp slowdown in May, with only 54,000 net new jobs added. Markets had expected a rise of 150,000. It follows a downwardly revised but still rapid 232,000 increase in April. <\/p>\n","protected":false},"author":0,"featured_media":403366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-435411","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US employment in sharp slowdown - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"US employment in sharp slowdown - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"3 June 2011 Last updated at 08:58 ET US employment growth registered a surprise sharp slowdown in May, with only 54,000 net new jobs added. Markets had expected a rise of 150,000. It follows a downwardly revised but still rapid 232,000 increase in April.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"US employment in sharp slowdown\",\"datePublished\":\"2011-06-03T12:58:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/\"},\"wordCount\":207,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/\",\"name\":\"US employment in sharp slowdown - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2011-06-03T12:58:10+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"US employment in sharp slowdown - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/06\/03\/us-employment-in-sharp-slowdown\/","twitter_card":"summary_large_image","twitter_title":"US employment in sharp slowdown - Ghanamma.com","twitter_description":"3 June 2011 Last updated at 08:58 ET US employment growth registered a surprise sharp slowdown in May, with only 54,000 net new jobs added. 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