FXstreet.com (Barcelona) - The unemployment rate has posted a considerable increase in the United States in May, while the non farm payroll continued declining in most sectors, according to the latest figures by the US Labor Department.

May's net change in non-farm payrolls has posted a 49,000 decline, following a 28,000 decline in April, revised down from the 20,000 decline previously estimated.

The unemployment rate has risen to 5.5% in May from 5.0% in April, as the total volume of unemployed workers increased by 861,000 persons to 8.5 million, from 6.9 million in May 2007, 4.5% of the active population.

The average workweek has remained unchanged at 33.7 hours in may, while the average hourly earnings have increased 0.3% in May to $17.94, which means a 3.5% increase on the year.