Payrolls in U.S. Rise 175,000, Unemployment at 7.6%

Payrolls in U.S. Rise 175,000, Unemployment at 7.6% Play

June 7 (Bloomberg) -- Employment increased more than forecast in May and the jobless rate climbed from a four-year low as more Americans entered the labor force. Payrolls rose 175,000 last month after a revised 149,000 increase in April that was smaller than first estimated, Labor Department figures showed today in Washington. The unemployment rate rose to 7.6 percent from 7.5 percent. Peter Cook reports on Bloomberg Television's "In the Loop." Source: Bloomberg)

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