Jobs Report: Economy Adds 280,000 Jobs

03:45

June 05, 2015

Job seekers fill out registration forms before entering a HireLive career fair on June 4, 2015 in San Francisco, California. (Justin Sullivan/Getty Images)

The U.S. economy saw better-than-expected job growth in May, according to a monthly tally by the Labor Department.

While employers added 280,000 jobs, the unemployment rate inched up slightly to 5.5 percent. Most sectors performed well, including professional and business services, healthcare, retail and construction. The mining sector lost 17,000 jobs - a side effect of prolonged weakness in the oil and gas industry.

Here & Now's Jeremy Hobson talks with Bloomberg Business columnist Michael Regan about what to make of the report and the small unemployment rate increase.

Guest

Michael Regan, editor-at-large and market columnist for Bloomberg Business. He tweets @reganonymous.

This segment aired on June 5, 2015.