U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs figures
...
could fan fears that the economy is sputtering. (June 1)
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NHEADLINE:US economy added 69K jobs in May, fewest in a year---------------------------------------CAPTION: U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs figures could fan fears that the economy is sputtering. (June 1) ----------------------------------------[Location - Date:][Source:][VO:][VOICE-OVER]TRACK#1 ITS WHAT ONE ECONOMIST CALLS A MAJOR DISAPPOINTMENT. THE LABOR DEPARTMENT SAYS THE UNEMPLOYMENT ROSE A-TENTH TO 8.2 PERCENT.AND JUST 69-THOUSAND JOBS WERE ADDED TO PAYROLLS, THE SMALLEST IN A YEAR. THESE NUMBERS ARE WORSE THAN EXPECTED.ON TOP OF THAT, THE GOVERNMENT SAYS THE ECONOMY CREATED FEWER JOBS OVER THE PREVIOUS TWO MONTHS THAN INITIALLY REPORTED. IT REVISED FIGURES DOWN. SO THE PACE OF JOB CREATION IN MAY AND APRIL, IS ABOUT A THIRD OF WHAT WAS SEEN IN THE FIRST QUARTER OF THE YEAR.THERE WERE JOBS ADDED IN HEALTH CARE AND MANUFACTURING, BUT A DECLINE IN CONSTRUCTION, REFLECTING THE CONTINUED STRUGGLES OF THE HOUSING SECTOR.SO ALL OF THIS IS ADDED TO THE EVIDENCE OF AN ECONOMY THAT HAS BEEN SEEN SLOWING GROWTH. FIRST QUARTER GDP WAS REVISED DOWN TO A GAIN OF 1.9 PERCENT.THIS IS THE FIRST INCREASE IN THE UNEMPLOYMENT RATE IN ELEVEN MONTHS, AND IT COMES JUST FIVE MONTHS AHEAD OF THE FALL ELECTION.MARK HAMRICK, THE ASSOCIATED PRESS, WASHINGTON.[SOT/](Name/Location, Occupation, Expertise)(" ")[Location - Date:][Source:][VO:][VOICE-OVER]TRACK#2[NATSOT:][SOURCE:][COURTESY:][SOT/](Name/Location, Occupation, Expertise)(" ")[Location - Date:][Source:][VO:][VOICE-OVER]TRACK#3[NATSOT:][SOT/](Name/Location, Occupation, Expertise)(" ")[STANDUP:](Reporter/Associated Press)(" ")[VO:][VOICE-OVER]TRACK#4[SOT/](Name/Location, Occupation, Expertise)(" ")[VO:][VOICE-OVER]TRACK#5[SIGOUT/REPORTER, LOCATION, ASSOCIATED PRESS](****END****) ANCHOR VOICE: -------------------------VIDEO PRODUCER: ---------------------------VIDEO SOURCE: -----------------------VIDEO APPROVAL: ----------------------------VIDEO RESTRICTIONS: ----------------------------------MARKET EMBARGO (S): --------------------------------SCRIPT/WIRE SOURCE:
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