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The unemployment in the US fell to 3.8% in May, the lowest since 2000, according to US Labor Department.
The new jobs are 223,000. Expectations were much lower, namely 190,000, writes The Wall Street Journal.
US employers have added new jobs for 92 consecutive months, continuing the longest similar series in the history.
A tight labor market should support wage growth and increases but the wage remains moderate, though it was slightly better last month.
The average hourly wage for the private sector increased by 8 cents last month to 26.92 dollars. The annual growth of 2.7% is again lower than previous recession readings. The payout has not risen by more than 3% on an annual basis since the recession ended in 2009.
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