Latest News

June 3, 2011 8:47 AM

Weak jobs report isn't all bad news

The dour May jobs report from the Labor Department on Friday confirmed earlier data pointing to a U.S. economic recovery in deceleration, but the same report also contained signs that a slide back into recession is unlikely. After two consecutive months of strong hiring, the pace slowed precipitously in May with employers adding just 54,000 jobs as the jobless rate ticked up one-tenth of a point to 9.1 percent, according to the Bureau of Labor Statistics.

Related content

Comments

Videos

More Videos

Searching for contraband at Kentucky Derby 01:22

Searching for contraband at Kentucky Derby

Beshear accuses Bevin of bullying 01:07

Beshear accuses Bevin of bullying

School bus caught on power line 00:23

School bus caught on power line

Shelby Hilton accepts the Catspy's Mike Lyden Courage Award 03:21

Shelby Hilton accepts the Catspy's Mike Lyden Courage Award

Calipari gives Coach of the Year award to Tyler Ulis 02:05

Calipari gives Coach of the Year award to Tyler Ulis

Jay Leno headlines Richmond church's fundraiser 01:51

Jay Leno headlines Richmond church's fundraiser

Shaun King on Prince's legacy 01:40

Shaun King on Prince's legacy

Shaun King addresses plagiarism charge at University of Kentucky stop 01:12

Shaun King addresses plagiarism charge at University of Kentucky stop

UK baseball coach reflects on Louisville loss, looks ahead to Arkansas 02:39

UK baseball coach reflects on Louisville loss, looks ahead to Arkansas

Fatal crash on Mason Headley Road 00:41

Fatal crash on Mason Headley Road

Gary Henderson, on Kentucky's loss to Louisville 02:30

Gary Henderson, on Kentucky's loss to Louisville

Devin Hairston, on his game-winning hit 02:01

Devin Hairston, on his game-winning hit

Share Video

Editor's Choice Videos