U.S employers hired at a healthy pace in May for a fourth straight month, fueling hopes the economy will accelerate after a grim start to the year.
The Labor Department says employers added 217,000 jobs last month. That’s down from 282,000 in April, which was revised slightly lower.
Despite the gains, the unemployment rate remained at 6.3 percent.
Nearly five years after the Great Recession ended, the U.S. has finally regained all the jobs lost in the downturn.