WASHINGTON, June 6 (UPI) -- U.S. employers added 217,000 jobs in May, with the unemployment rate remaining at its near six-year low, suggesting the economy is steadily gaining momentum.
The unemployment rate held steady at 6.3 percent, unchanged from last month, according to a hiring and joblessness report released by the Labor Department Friday morning. The labor participation rate, which is a metric closely followed by Federal Reserve, remained unchanged at 62.8 percent.