Jobs surge in May, but many employees still not feeling job security

The nation's 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, up from 5.4 percent in April, but down from 6.3 percent last May. The strong employment gain last month now has Wall Street expecting the Federal Reserve to move by October to increase interest rates. Cranes and scaffolding in Center City and West Philadelphia tell the jobs story here, where, like elsewhere around the nation, construction employment is rising. While local May statistics are not yet available, the Friday's labor department report shows that 6.4 million people nationally had...