Unemployment rate drops to 4.3% in May

Bryan R. Smith/Getty Images(NEW YORK) — The U.S. added only 138,000 jobs in May, but hiring was enough to push unemployent lower.

The unemployment rate fell to 4.

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3 percent from 4.4 percent, according to the Labor Department.

Job gains have averaged 121,000 over the past three months, a deceleration from an average of 181,000 over the past 12 months.

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Though retailers, government and manufacturers lost jobs last month, restaurants and health care companies posted solid gains — adding up to a combined 56,600.

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