New job numbers from the U.S. Bureau of Labor Statistics may have many consumers frustrated with the country's economy.
Although nonfarm jobs were added in May, the unemployment rate crept to 9.1 percent, up from 9 percent a month earlier.
Secretary of Labor Hilda Solis said despite the slow job growth, the private sector continues to show signs of life.
"We've now had 15 straight months of private sector job growth and added 2.1 million jobs over this period," she said. "We are making progress, but we need to do even more to put Americans back to work. As we debate the nation's budget and work to address the deficit, we must continue to make smart investments in our infrastructure and in new industries like clean energy and alternative fuels to help to grow our economy and create more jobs for Americans here at home."
Solis says the loss of 73,000 government jobs during the past three months is one factor that influenced the low employment numbers in May.
The hurting economy has left many Americans scrambling to improve their finances. In addition to pinching pennies, consumers are also focusing on boosting their credit scores in order to qualify for more affordable interest rates on their credit lines.
Although paying bills off in full each month remains a strong way to improve credit, some consumers may want to supplement this strategy by also seeing if they qualify for credit repair. By working with a credit attorney, some individuals may be able to learn whether an inaccuracy or unfair credit reporting mark is harming their scores. After identifying these troublesome items, consumers may be able to take certain steps to remove them from their records.