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Jobs surge in May, but many employees still not feeling secure

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The nation's employer payrolls expanded by 280,000 jobs in May, the U.S. Department of Labor reported Friday, with increased hiring across industry sectors. The unemployment rate rose slightly, to 5.5 percent from 5.4 percent in April, but was down from 6.3 percent last May. The strong employment gain last month has Wall Street expecting the Federal Reserve to move by October to increase interest rates, to keep the economy from overheating. Cranes and scaffolding in Center City and West Philadelphia tell the jobs story here, where, like elsewhere around the country, construction employment is particularly robust. While local May statistics are not yet available, Friday's Labor Department...

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