Friday, May 8, 2015

Employment growth recovered steam Fried rate hike by the Fed on the right track

Economy, growth, career, white, arrow, growth, economic
Alamy

By Lucia Mutikani

Won job growth in the US over the last month and the unemployment rate fell to a seven-year low near 5.4 percent, signs of a recovery in economic growth, keep the Federal Reserve was on the way, the interest to increase this year.

223,000 non-farm jobs increased, the increase in jobs in the service sector offset weakness in the mining sector, which the Labor Department Friday. One-tenth of one percentage point decline in the unemployment rate to its lowest level since May 2008. came even as more people into the labor market crowded.

The report, which grew, but revenue per hour warm proposed underlying strength of the economy at the beginning of the second quarter after a bad wrong in the first three months of the year.

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