The U.S. economy added just 69,000 jobs in May, well below expectations of150,000 job gains, according to a report by the Bureau of Labor Statistics.
Not only did BLS report terrible numbers for May, but it made downward revisions to previous months job growth numbers, which were already considered weak. The economy is now said to have added 143,000 jobs in March (instead of 154,000) and just 77,000 jobs in April (instead of 115,000).
The unemployment rate crept up slightly to 8.2 percent.
