U.S. Added 138,000 Jobs in May; Unemployment at 4.3%

By PATRICIA COHEN June 2, 2017 Employment grew by 138,000 jobs in May, according to data released Friday by the government, the latest official snapshot of the economy. The Numbers • 138,000 jobs were added last month. Economists had expected a gain of...

Ford’s ‘20,000’ layoff number — cited by Challenger’s jobs report — is wildly inaccurate

Ford is not laying off 20,000 of its workers, a spokesperson for the auto company told CNBC on Thursday. Challenger, Gray & Christmas on Thursday reported the number of jobs employers planned to cut in May had jumped, citing massive layoffs at Ford. The widely...