- Total non-farm payroll employment increased 217 thousand in May, following an increase of 282 thousand in the previous month. Private-sector payrolls increased by 216 thousand in the month, while government employment edged up a thousand.
- The unemployment rate held steady at 6.3%.
- The average workweek of all employees on private nonfarm payrolls held steady at 34.5 hours. Average hourly earnings increased by 0.2% in May.
- The advance figure for initial claims for unemployment insurance increased 8 thousand to 312 thousand in the week ending May 31.
- Sales of domestic cars increased 3.9% to 13.3 million in May, while total vehicle sales increased 4.4% to 16.8 million.
- New orders for manufactured goods increased 0.7% in April, following a 1.5% increase in the previous month.
- In April, international trade deficit was $47.2 billion, $3.0 billion more than the revised March figure.
- Construction spending in April was up 0.2% from the previous month, and was up 8.6% from April 2013.
- The results of Freddie Mac’s Primary Mortgage Market Survey of June 5th showed average fixed mortgage rates little changed from the previous week.
- Mortgage applications decreased 3.1% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending May 30th.
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