The US economy added 559k jobs in May, marking an increase in hiring compared to April (278k) but falling short of economist expectations. Meanwhile, the unemployment rate fell to 5.8% (from 6.1%) beating expectations.
Extra: Here’s the full report from the Bureau of Labor Statistics.
The New Paper
This story is from the June 4, 2021 edition of The New Paper. To receive TNP daily subscribe below.
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