Tagged: Economic Numbers

Breaking news at 8:34 a.m. ET: "Unemployment Rate 8.2 Percent In May As Just 69,000 Jobs Added

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The Commerce Department reported Thursday that the economy grew 1.9 percent in the first three months of the year, down from an earlier estimate of 2.2 percent. And more Americans are jobless and seeking benefits, according to the Labor Department.

The number of jobs on private employers' payrolls grew by a modest 133,000 positions from April to May, according to the latest ADP National Employment Report.

ADP's monthly report is sometimes a decent barometer of what the Bureau of Labor Statistics will say when it issues its employment estimates. We're due to hear from BLS about the May employment situation on Friday at 8:30 a.m. ET.