 "Jobs are shifting towards sectors with lower levels of output per hour Photo: iSTOCK")
How can the US economy keep creating jobs and still grow so slowly? One explanation can be found in the latest employment data: The sectors adding the most workers are among the less productive.
The Labor Department’s monthly survey for May suggests that employers were still in a hiring mood. They added an estimated 138,000 jobs — less than expected but still enough to push down the unemployment rate, which declined slightly to a 16-year low of 4.3 per cent (albeit due to a drop in the number of people actively seeking work — a requirement for being counted as unemployed).
