May 2013 Current Events: Business News
Here are the key events in business news for the month of May 2013.
Spring Economic Slowdown Is Avoided (May 3): According to the Labor Department, 165,000 jobs are added in April, exceeding the 140,000 jobs predicted by economists. It is also a big improvement over March's numbers. The Labor Department also provides more good news, revising the number of jobs added in February and March. Their latest data adds 114,000 jobs to totals from February and March. However, unemployment drops only slightly from 7.6 percent in March to 7.5 percent in April.